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    18 January 2012

    Nokia Associates with Indiatimes to Launch NokiaShop

    ~First ever Indian shopping portal to deliver mobile devices directly from manufacturers to users~
    New Delhi: Nokia India in association with Indiatimes Shopping announced the launch of Nokia’s online store- NokiaShop, the first online shopping portal in India to deliver mobile devices directly from the manufacturer to the users. Nokia Shop will offer the entire portfolio of Nokia devices as well as accessories across price points to the consumers along with the convenience of online shopping. 
    The association between the two leading organizations will serve as a game-changer in the growing Indian e-commerce space as users can now buy handsets directly from the manufacturer as a branded experience, without needing any dealer or reseller in between. For the online space this is an unprecedented initiative and will bring about a major shift in consumer behavior in the mobile phone category.
    According to Viral Oza, Director- Marketing, Nokia India, “At Nokia, we have always invested ahead of the curve in setting up a formidable retail network. Today, as online shopping gains momentum, we are the first mobile handset company to set up a branded online store. Through our association with Indiatimes Shopping, we are confident that we will be able to offer a superior online shopping experience to our consumer by giving them an opportunity to buy their favourite mobile device directly from Nokia.”
                   
    “This partnership is a step further in our aim to bring more offline brands to the online space. With our brand strength, resources, knowledge and credibility in the e-commerce space, we are confident of providing Nokia the right platform to connect with its users,” says Rishi Khiani, CEO, Times Internet Ltd.
     
    Regarding the tie up, Mr. Gautam Sinha, Director Technology & ecommerce head said “We are pleased to partner with a top brand like Nokia and help them reach their online customers.   We hope to witness strong synergistic growth capturing majority of online mobile handset market in the next few months. We have made significant investments in warehousing and last mile delivery to ensure a world class shopping experience for our customers.”
     
    Consumers willing to buy Nokia mobile devices can shop on the NokiaShop by logging on to  www.Nokia.indiatimes.com  to buy their favorite Nokia device. Consumers have the option of making the payment through credit card or cash on delivery. Additionally, they have the option of converting their payment amount into interest-free EMIs spread over three or six months.
     
    Nokia Shop has been launched on Indiatimes sub-domain, to sell entire range of Nokia devices - including smartphones, dual SIM phones, Touch and Type, QWERTY, Touch phones and value phones at Nokia Shop. The prices offered on the online store are Best Buy prices. The initiative will be driven by a core team with dedicated people from both Nokia and Indiatimes.
    Indiatimes has strengthened its investments in regional warehousing and will be adding another few in the next couple of months. With this comprehensive network of regional warehouses, Indiatimes Shopping will deliver the orders within three days in all metros and mini-metros, delivering on its promise of reliable and timely last-mile delivery.
    A recent report by the Internet and Mobile Association of India (IAMAI) reveals that India’s e-commerce market is growing at an average rate of 70 percent annually, and has grown over 500 percent in the past three years alone. Given the potential of e-commerce industry, Indiatimes and Nokia are confident of high growth in the mobile phone category within the next two quarters.
     
    Nokia India
     
    At Nokia, we are committed to connecting people. We combine advanced technology with personalized services that enable people to stay close to what matters to them. Every day, more than 1.3 billion people connect to one another with a Nokia device – from mobile phones to advanced smartphones and high-performance mobile computers. Today, Nokia is integrating its devices with innovative services including music, maps, apps, email and more.  Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, while Nokia Siemens Networks provides equipment, services and solutions for communications networks globally.
     
    Times Internet Limited
     
    Times Internet Limited, (TIL), is the internet and mobile venture of India’s largest media house—the Times Group.  TIL websites are among the fastest growing web-based networks worldwide. TIL has led the internet revolution in India and has emerged as India’s foremost web entity, running diverse portals and niche websites. 
     
    Indiatimes.com is TIL’s flagship brand. India’s internet portal encompasses telecom, e-commerce, online advertisement solutions, communities, events and more. Indiatimes.com is undoubtedly India’s preferred online and mobile value-added services destination for millions of surfers and subscribers looking for rich and diverse digital content. Indiatimes.com, the multi-faceted portal, commands more than 1Billion page views per month. The other key properties in the TIL portfolio are Timesofindia.com – world no.1 news site in terms of page views and economictimes.com India’s No.1 business news website.
     
    In the mobile space, Indiatimes 58888 is the largest direct-to-consumer SMS and IVR shortcode, accessed by over 50mn consumers across all telecom operators in India
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