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  No money, no 3G! Mobile Web Delays Darken Mobile Mood
News Posted by on Friday February 23, @12:24PM
from the dept.
A wireless trade fair in Cannes this week has done little but that new telecoms networks and handsets will be delayed -- and that new revenue streams from speedy mobile data services are an ever-distant prospect.

``We're facing a situation that an industry is possibly heading for bankruptcy... even before a single 3G (third generation) call is made,'' Intel Vice President and General Manager Hans Geyer told the annual GSM World Congress in Cannes.

``It's time for a reality check,'' said Andreas Gerdes, chairman and chief executive of telecoms upstart iWORLD Group. ''We are simply focused on building services which will allow you to keep your customers. We don't see a need for 3G in that.''


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