Nokia and Three have come to an agreement which has led to Three having a dedicated channel on the Nokia Ovi Store.

The new channel will feature 40 applications chosen by the operator which can be downloaded to Nokia's Symbian^3 powered smartphones.

The major benefit of the new channel is that when you purchase the application it will be charged on your mobile bill. Being able to deal directly with Nokia means that Three users won't incur transaction charges or SMS fees that are normally applicable when downloading an application.

Compatible smartphones include the Nokia C7, Nokia N8 and the Nokia E7. Furthermore, the soon to launch Nokia X7 will come with an integrated version of the Ovi Store with the Three channel.

Vodafone made a similar agreement earlier this month with Google to have a dedicated channel on Android Market. We would expect more of these agreements to surface over the coming months and the guys at 3G are all for supporting anything that reduces the cost of mobile applications.