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Location, a fundamental enabler of new mobile services, is at the epicenter of an extraordinary wave of mobile innovation. While location-based services have been the subject of much hype for years, location now occupies a critical, pervasive role in the mobile industry. This report outlines the ... Read more at GigaOM Pro »

[qi:012] Nokia (NOK), the Finnish mobile phone giant with nearly a third of the global handset market, has decided to bet big on location-based services (LBS), and is buying Chicago-based digital map company NAVTEQ (NVT) for $8.1 billion. That works out to about $78 a share. […] Read more »

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