Has Nokia given up on the high end? The handsets giant is using Mobile World Congress to announce it is launching more affordable versions of its Lumia range and a couple of fairly basic feature phones, perhaps signaling a shift of focus towards emerging markets. The Lumia 720 has a list price of €249 (US$330), while the Lumia 520 comes in at €139 ($184). The entry-level Nokia 105, meanwhile, is yours for €15 ($20). (See Nokia Aims Low With New Devices.)
Siemens AG is looking to accelerate its plans for exiting its Nokia Siemens Networks joint venture, according to a report in the Financial Times (subscription required). In April a shareholder agreement on NSN comes to an end, freeing up Siemens and Nokia to do what they think necessary.
Vodafone Group plc has chosen German payment systems specialist Wirecard to roll out a mobile payment system throughout the operator's international territories, reports Reuters.
— Paul Rainford, Assistant Editor, Europe, Light Reading
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