Mobile threat to Google and Yahoo!
Economic Times (New Delhi, India), February, 2007
Feb. 8--Some of the Europe's biggest telecommunications groups are joining hands to create a mobile phone search engine that could challenge the internet giant Yahoo and Google, according to a report in Sunday Telegraph.
Vodafone, France Telecom, Telefonica, Deutsche Telekom, Hutchison Whampoa, Telecom Italia and one American network, Cingular, are among the companies that will come together for secret, high-level talks at the mobile industry's biggest annual trade show in Barcelona next week said the report.
Faced with declining revenues as calls become cheaper, network operators are determined to secure a large slice of the lucrative search advertising market, the report said.
In the UK alone, more than 20 percent of subscribers are...
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