Nokia to reorganize business; launches low-cost handset series

NokiaHelsinki  - Finnish-based mobile telephone maker Nokia on Tuesday said it was to reorganize its operations and shut down a site in Finland.

The world's largest mobile telephone maker said it would shut down its plant in Turku, which employs 220. The employees were to be offered the option of relocating to Salo and Helsinki.

The group was also to reorganize its sales and marketing activities, which could mean the loss of 450 jobs, 100 of which are in Finland.

In a separate move, Nokia launched several new low-cost handsets in New Delhi as part of its plans "to bridge the digital divide." The mobile phones are expected to cost between 25 and 90 euros (31 and 115 dollars).

The group said it was also to introduce a service called Nokia Life Tools, aimed at rural regions in India and other countries in Asia and Africa.

Users can access the service to get up-to-date information about the weather, prices and availability of seeds, fertilizers, pesticides, and prevailing market prices for produce, Nokia said in a statement. (dpa)

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