Leading handset maker, Nokia has introduced its new beta version of Ovi Browser for low end mobile phones in emerging markets.  

The browser built for Series 40 phones comes with advanced features to enhance the browsing experience on lighter handsets. The Ovi Browser beta is a Java client that uses a compression proxy in order to reduce bandwidth.

“We’re excited to introduce the Ovi Browser beta for Series 40 phones to help meet the needs of mobile Internet users in emerging markets and around the world. We believe users of Series 40 should be entitled to rich web browsing experiences like those of smartphones, but without the same price tag,” the company said in its blog.

The Internet compression technology will offer advanced web pages in less time to the mobile phones, according to the company. The new innovative UI allows users to directly access favorite web pages without browsing through various pages.

The Ovi Internet service of the company which is used for web browsing from mobile devices and computers works with Ovi.com and Nokia. It offers services to Games, Messaging, Maps, Music and Media features.

According to some experts, the browser could be an indication that Nokia is seriously looking to develop its own ad network in the telecom space.