RAN Vendors

Nokia yesterday introduced a new mobile money service targeted at unbanked users in emerging markets, in the latest move by the world's largest handset vendor to diversify into services.

Shares in mobile kit vendor Alcatel-Lucent jumped as much as 16 percent amid speculation that the firm could be bought by a Chinese rival, reports Reuters.

Nokia today launched its first smartphone based on its Linux-based Maemo platform. The vendor said that the Maemo software - which has evolved from Nokia's previous generation of Internet tablets - provides "a PC-like experience on a handset-sized device."

Cellular News reports that Hong Kong mobile operator CSL has unveiled its plans to deploy 3G network coverage in the 900MHz spectrum band and an evolution towards LTE.

Samsung Electronics has developed its first LTE modem that complies with the 3GPP's Release 8 specification, reports Telecompaper.

America Movil and Nokia announced today a partnership to bring Ovi Store by Nokia to mobile customers in Latin America.

Sony Ericsson, Alcatel-Lucent and two private-equity firms have reportedly made the shortlist to acquire Nortel's stake in LG-Nortel, the South Korean mobile equipment vendor.