Might include the launch of a phone

May 21, 2010 14:45 GMT  ·  By

Espoo, Finland-based mobile phone maker Nokia and Yahoo! are reportedly getting ready to unveil a new partnership on Monday, during a press conference in New York. According to the latest reports on the matter, the two might announce a partnership to deliver Yahoo! email, search and other applications and services to Nokia handsets, yet nothing is official.

Yahoo! already sent out invites for the aforementioned press-conference, yet the announcement does not offer too many details on what should be unveiled. “Please join Yahoo! CEO Carol Bartz for an exciting announcement about providing global consumers with rich online and mobile experiences, and bringing forward a new era in keeping consumers connected,” the invite reads, according to All Things Digital.

Rumors suggest that the partnership between the two bears the codename of Project Nike, and that it would include the unveiling of a Yahoo-centric phone, yet others say that there are little chances that this would be part of Monday's announcement. However, the Internet giant has already had various initiatives in the mobile phone area, but none successfully completed, even if it has a wide range of partnerships with handset vendors and carriers around the world.

The deal with Nokia could mark Yahoo's success in the area. The company doe not have its own mobile OS, as Google has, while the handset vendor is struggling to maintain its leading position on the market, and a partnership between the too should help both companies offer more to their users. According to various sources, reports the news site, the deal between Yahoo and Nokia was closed two or three weeks ago, and is expected to weigh a lot at “the next week's investor day in Silicon Valley.”

“Recently, Nokia has offered devices that people don’t want and Yahoo has launched mobile services that they don’t want,” said one person familiar with the talks, the news site states. “Perhaps in working together, they will find a way to finally create some value.” The deal between the two will certainly get a lot of attention, yet it remains to be seen what it will actually include.