Europe and US failing to learn from Japan's mobile commerce success; 24 months of technology and business models change needed in advance of $7.6 billion global market in 2003.

0 Comments | M2 Presswire, September, 2000

M2 PRESSWIRE-25 September 2000-Jupiter Media Metrix: Europe and US failing to learn from Japan's mobile commerce success; 24 months of technology and business models change needed in advance of $7.6 billion global market in 2003 (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:25092000 Stockholm, Sweden -- Carriers in Europe and the US are making a critical mistake by failing to learn from Japan's mobile commerce success, according to Jupiter Research, the worldwide authority on Internet Commerce.

It will take the European and US markets two years to reach the $400 million of mobile commerce revenues generated in Japan today. European and US carriers must use the next 24 months to upgrade their infrastructure and adopt business models that have driven the...