Openwave May Be Getting Whacked for WAP

Mobile software provider Openwave's(OPWV Quote) earnings and revenue warnings Tuesday night drew concern over whether the country is actually ready or even remotely interested in accessing the Internet over wireless devices, say analysts.

"The primary concern is that we remain skeptical of the demand for mobile-phone-based wireless Internet services," said W.R. Hambrecht analyst Peter Friedland. "It's evidence that outside of Japan and Korea, it's not clear if people desire wireless Internet access from their mobile phones. This has relevance to the whole industry in terms of [high-speed] 3G services and the vendors who provide handsets and infrastructure." ...