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Phone.com Sees Half of Cellphones on Net
Posted: 30-Nov-1999 [Source: NYTimes/Reuters]

[Phone.com, the U.S.-based software developer for wireless devices, expects more than half the world's predicted one billion mobile phone subscribers in 2003 to be connected to the Internet ...]

LONDON -- "Phone.com, the U.S.-based software developer for wireless devices, expects more than half the world's predicted one billion mobile phone subscribers in 2003 to be connected to the Internet, a senior executive said."

"The Nasdaq-listed group, whose stock has surged more than 700 percent since launching in June, expects Wireless Application Protocol (WAP) phones to start shipping in serious volumes in the second quarter of next year, said Malcolm Bird, the company's Managing Director and Vice President, Europe."

"The millions (of WAP phone unit sales) will come in the first and second quarter of next year,'' he told Reuters in an interview."

"Many industry forecasts expect mobile phone subscriptions globally to hit the one billion mark in 2003, but some have forecast that the Internet-linked share of the total will be more modest."

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