Day by day the mobile phone users are increasing in Bangladesh. So many mobile phone manufacture companies try to shift their business in Dhaka, the capital of Bangladesh because it is one of the most stimulating cellular markets in Asia region. That’s why, Nokia, one of the leading mobile phone producers in the world, wants to expand  and develop its business, services and sales in ‘Emerging Asia’ with Dhaka based headquarters.

To disclose Nokia’s plan and program recently a press briefing was held at a big hotel in Dhaka and the new general manage for emerging Asia of this company, customer services and marketing operations, Prem Prakash Chand exposed the plan on the behalf of the company. He also said that he will supervise the entire activities in the Asia region from proposed the Dhaka-based headquarters in the press briefing Moreover he said that Nokia will raise consciousness among the local users to stop purchasing fake and illegal cell phones in order to ensure highest value of a Nokia mobile phone. He added that Bangladesh, Nepal, Bhutan Sri Lake along with the Maldives is included in the new future expansion plans for Asia.

For its quality and user friendly mobile phone, Nokia preserve 35% global market share. To increase their share Nokia plans to make its production plants in regions closer to where the large cellular markets are and the part of world wide cell phone expansion program Nokia already has set up production plants in China, India and other different countries.

Bangladesh is a very prospective country for cellular phone. Its mobile market is very bright. Most of the people from all types of classes use cell phone and than any other brand Nokia is most preferable among the people for its economic rate and user-friendly features. So Nokia wants to keep its popularity and market in the region, that’s why they plan to establish Dhaka based headquarters for its Asia region. Moreover it will help to provide more economic cell phone for the people as the production cost is low in Bangladesh than other countries.

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Sony is going to buy Bertelsmann’s 50 percent stake in their Sony BMG music joint venture business enterprise in a $1.2bn or £613.7m deal and the new company is to be known as Sony Music Entertainment Inc (SMEI). Moreover it will treat as totally-owned subsidiary of Sony Corporation of America.

Sony Music Entertainment Inc (SMEI) is second largest music company after Universal in the world and it will include many artists for example Alicia Keys, Justin Timberlake and Bruce Springsteen.

The agreement ends the tie-up between Bertelsmann and Sony signed in 2004 and the music collection will consist of labels for example RCA Records, Arista Records, J Records, Epic Records, and Columbia Records.

Both parties will carry on sharing manufacturing and distribution program between Bertelsmann’s services company, Arvato Digital Services and Sony’s manufacturing subsidiary, Sony DADC.

Bertelsmann already has been selling off several assets because it asks for to modernize and streamline its running business and the company hopes that this progress is consistent with their new growth plan, strategy and it will make able them to focus on their specific growth areas but the deal requires a regulatory approval for authorization and the deal is completed the last part of 2008.