Mobile instant messaging is still a real prickly pear. How does a service provider launch it without cannibalizing their precious SMS revenues? That's what Ovum estimates is the 10B question... in 2009, anyway.
Take a gander at OZ -- a company that has made giving IM a mobile makeover their mission in life. Today they announced raising 34M in their sophmore round of funding. This comes on the heals of over 21 announced deals with mobile providers including Bell Mobility, Sprint, Cingular, AllTel and Telus. Take that Comverse.
Learn something about OZ...
http://www.oz.com/
But wait, there's more... same day, Neustar buys FollowWap for 139M. Another mobile instant messaging provider, another huge payday. Neustar claims that FollowWap was sitting on revenues of about 25M for 2006 and a customer list that includes the Vodafone group.
Learn something about Followap...
http://www.followap.com/
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