Nokia Plans Apple-style Share

1 min read Networks & Network Services
Ever on the lookout for new ideas, Nokia are looking to take on an Apple-style revenue share of subscriber's contracts for new services.
“As far as mobile phones are concerned we are sticking with our old business model - that is, we get paid for our devices. But for providing new services we are seriously considering a shared turnover model,” said Nokia CEO Olli-Pekka Kallasvuo in an interview with German newspaper Frankfurter Allgemeine Sonntagszeitung.

Rumours abound regarding how much Apple gets from their network partners, as the computer firm has never confirmed figures, but the word on the street says 10% for existing subscribers and 40% for new subscribers with O2.  Those kind of figures look tasty to the Finns, and with a market share of nearly 40% they have the clout.

Recently Nokia has been offering services trying to bypass the operators, such as their OVI entertainment portal, and more recently their deal with Universal offering free music downloads for a year. It also acquired Navteq, the digital mapping company with plans to use it for location based services.

Kallasvuo said that Nokia was on the hunt for more internet businesses. “We are interested in Internet communities, navigation and all kinds of entertainment. We will look into these areas and strike when an opportunity arises.”