Cable / Telecom News

Nokia makes a Canadian buy

ESPOO, Finland and MONTREAL – OZ Communications said this week that it is to be acquired by wireless handset manufacturer Nokia. OZ, a consumer mobile messaging provider, is a privately held company with approximately 220 employees and headquartered in Montreal. The purchase price was not disclosed. "With OZ, Nokia is renewing its mission of connecting people by enabling consumers to easily connect and communicate using their favorite Internet communities," said Niklas Savander, head of Nokia services and software. "OZ's team and technology will help Nokia to address the fast growing consumer messaging market." By acquiring OZ, Nokia will enable fast...