If you thought Nokia had finished its program of slimming down
, think again. The axe is being wielded on Nokia Money
as the company seeks to reinvent itself as a lean'n'mean
mobile player. The mobile payments and cash management service was launched in India late last year, but both complex financial regulations and the fact it's outside of Nokia's core business prompted its early closure. Instead, it'll concentrate its efforts on its smartphones designed for emerging markets like the Asha
: with the aim of connecting the "next billion" people to the internet.