Nokia Corporation, as part of its services strategy in India, today announced that it is planning to set up a joint venture with HCL Infosystems to sell mobile value added services and entertainment content directly to consumers in India. The joint venture is subject to customary regulatory approvals and is expected to take off later this year. Once the requisite approvals have been received, the joint venture will be primarily engaged in selling value added services for mobile devices.
Speaking on the occasion, Mr. D. Shivakumar, VP and Managing Director, Nokia India, said ‘An important part of our future distribution strategies in India is that we want to ensure that our value added services and entertainment offerings are readily available to all consumers.’ He further added, ‘This arrangement is a natural continuation of our long term collaboration with HCL in India’.
Commenting on the partnership, Mr. Ajai Chowdhry, founder, Chairman & CEO of HCL Infosystems said, “We are excited about this opportunity as we believe it brings further value to our customers and Indian consumers in general by offering seamless mobile value added services and entertainment content.
Nokia has announced its internet services strategy globally under the consumer brand name ‘Ovi’ with specialized offerings in music, navigation, games and livelihood enhancing services for the semi-urban and rural population in the form of Nokia Life Tools.
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.
About HCL Infosystems
HCL Infosystems Ltd, with revenue (LTM) of US $ 2.8 billion (Rs. 12,439 crores) is India’s premier information enabling and ICT System Integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization.
India’s leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, E-Governance & Power.
HCL has India’s largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Apple, Cisco, Ericsson, Kingston, Kodak, Konica Minolta, Microsoft, Nokia, Toshiba, and many more.
HCL today has India’s largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience & HCL desktops is the largest selling brand into the enterprise space.
With India’s largest ICT services network that reaches to every corner of India, HCL’s award winning Support Services makes it the preferred choice of enterprise and consumers alike.
HCL Infosystems has a 100% subsidiary that addresses the physical security technology system integration market. The subsidiary leverages technology to build a security framework called ‘Safe State’ that will safe guard life, infrastructure & society. For more information please visit us at www.hclinfosystems.in