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Nokia shutters Money service, focuses on phones

03/12, 2:30pm

Nokia closes India-only Money service

Nokia said on Monday it will close its Nokia Money service in India in order to focus on its phone business. A spokesperson briefed Reuters that it was jettisoning the mobile financial services business as it wasn't a core Nokia business. The service was launched throughout all of India late in 2011 after earlier, regional launches.

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