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Euronews: Nokia Slashes Smartphone Prices

Nokia Corp. (NYSE: NOK), Virgin Media Inc. (Nasdaq: VMED) and Spotify make some noise on a quiet telecom news day in Euroland.
  • Harassed handset giant Nokia cut its smartphone prices in Europe by as much as 15 percent at the start of July, reports Bloomberg, citing the analyst firm CCS Insight . Competition from entry-level rivals in the smartphone space is thought to be fueling the cuts. (See Nokia Lowers Outlook, Shares Slump and Euronews: Nokia's Market Share Shrinking.)

  • U.K. cable operator Virgin Media has teamed up with Spotify, the (mainly) free music-streaming service, bringing Spotify's catalogue of 13 million or so tracks to Virgin subscribers via PC, mobile or -- for the first time in the U.K. -- TV sets. (See Virgin Media Teams With Spotify.)

  • Ofcom , the U.K. telecom regulator, has produced an interactive map of fixed broadband, showing how all the regions compare in terms of download speeds, availability of "super-fast" broadband and so on. Not surprisingly, London is looking good, while barely civilized outposts such as the Scottish Highlands and the Isle of Wight are broadband laggards. (See ISPs Shamed by UK Broadband Speed Tests and BT Preps 'Landmark' FTTC Investment.)

    Elsewhere in Europe:



    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • digits 12/5/2012 | 5:00:10 PM
    re: Euronews: Nokia Slashes Smartphone Prices

    "Not surprisingly, London is looking good, while barely civilized outposts such as the Scottish Highlands and the Isle of Wight are broadband laggards."


     


    Isle of Wight? Isn't that where Euronews author Paul Rainford lives and works? Paul - are you connected via fixed broadband, or are you working off a GPRS dongle? I think we need to know whether our man on the eurobeat is one of the few in that "barely civilized" society to have an ethernet cable stuck in his port... 

    pfloyd33 12/5/2012 | 5:00:09 PM
    re: Euronews: Nokia Slashes Smartphone Prices

    Euronews Central is indeed located, naturally, on the Isle of Wight, otherwise known as the Sunshine Isle or the South Island. Most of us have now got inside lavatories and electricity, and some of us, me included, have wi-fi. It suits the IoW mentality: it's slow, and isn't happy after sundown. But it is wi-fi.


    Mind you, being from up north originally, I used to live int' shoebox int' middle o' road. But that's another story. 

    joset01 12/5/2012 | 5:00:07 PM
    re: Euronews: Nokia Slashes Smartphone Prices

    It is getting a bit Whicker Man up in here...


     


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