Mo' MoCo From Nokia In 1 Service

Nokia's Services & Software unit announced plans
to refine parts of its global research and development activities. While Nokia continues
to grow its investments in consumer Internet services, the unit plans to
integrate some of its content delivery services into a single service to create
a better experience for consumers and to continue increasing investments into
key initiatives.

 Nokia's Internet services strategy continues unchanged with
a focus on key service areas such as music, games, messaging and location based
services.

 "This year we plan to hire more people into the
Services & Software unit than the number of affected employees, so we
expect that many employees will be able to transition to new jobs within
Nokia," said Niklas Savander, Executive Vice President, Services &
Software. "We have made great progress with the initial offering this year
and I see great potential going forward as we bring context aware Internet
services to people's pockets. These changes will strengthen our offerings and
enable us to accelerate the delivery of new Internet experiences to market."