mocoNews.net - Unhealthily Obsessed with Mobile Content

Current Story

Nokia Plans Improved Map Service For Ovi

By James Quintana Pearce - Tue 13 May 2008 03:39 PM PST

Nokia (NYSE: NOK) has announced plans to add a mapping service (Nokia Maps 2.0) to its Ovi portal at the end of May, unsurprisingly based on technology from its incipient acquisition of Navteq. The new version will let people get maps for routes rather than just street maps, as well as information on traffic conditions reports Information Week. Nokia sees this as “a bridge between the real and virtual world”, letting people plan a route by car or on foot and have it automatically downloaded to the Nokia phone when it’s connected to the internet. “People with Nokia GPS phones can also track their travels and then upload those routes to the portal. Routes can also be saved and shared with friends on Ovi.”

Nokia Maps requires subscribers to “first buy the maps database, and then pay a subscription fee for updates three times a year. The initial cost varies by region, but in Europe it’s priced at about 150 euros, or $233”. That could significantly multiply the revenue Nokia receives for the handset.

Interestingly, Michael Halbherr, VP of Nokia’s location-based services, said that “Nokia’s strategy with its mapping service is not to take customers away from Google (NSDQ: GOOG) and Yahoo (NSDQ: YHOO), but to give the company’s mobile phone customers no reason to use those services..."This is not about trying to take share.” It sounds a lot like taking market share—even if Nokia doesn’t take any customers from other mapping services but introduces new people to the service, it will still take marketshare.

Posted in: Companies, Nokia, Technologies

Tags: ovi,

Check our our new Social Media Deals Report, which examines the categories, number and size of VC and M&A deals into social media

Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

mocoNews.net is a news site covering the business of mobile content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

Tricia Duryee
Principal Correspondent

Dianne See Morrison
Contributing Writer

James Quintana Pearce
Contributing Writer

Robert Andrews
U.K. Editor

EconCeleb Conference - The Economics of Celebrity. July 23 at the Roosevelt Hotel in Hollywood

Featured Report - 2008 Social Media Deals Report

front page of report

The economics of social media continue to heat up, with ever more buzz created in new and growing market categories. This report examines the categories, number and size of investment and acquisitions into social media and the resulting value created from 2007 through 2008. Order your report today to analyze deals made by Yahoo, Disney, Google, AOL, CBS, Hearst, Microsoft and many more.

Learn more or purchase now.

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters