"In the current global economic climate, we have concluded that the continuation of our investment in Japan-specific localized products is no longer sustainable," Nokia executive vice president Timo Ihamuotila said in a statement.
Ihamuotila did not explain how this new announcement would impact Nokia's plans to launch a luxury MVNO in Japan next year. Nokia said that it will continue to sell its luxury line of phones, called Vertu. Perhaps Nokia will only offer its Vertu phones with the premium MVNO service.
In more positive Nokia news, the company has started shipping its touch-based 5800 XpressMusic phone. The touch phone will be available in select markets globally, including Russia, Spain, India, Hong Kong, Taiwan, Finland, among others. No word on when Nokia will bring the 5800 to the U.S. market.