The company packages data for wireless users, such as for news, weather, entertainment, traffic and financial. Of course, the long-term trends are in favor of i3 Mobile. According to DataQuest, wireless data subscribers are expected to zoom from 3 million subscribers in 1999 to 36 million subscribers in 2003. Mobile is MCI WorldCom, which owns 5.3 percent. Are Calling You have written positively about Net2Phone before.
Internet telephony is still a small market.
However, as indicated this week, many big companies see lots of potential. The investment and the significant backers will help consolidate the leadership position of Net2Phone. So, by all accounts, Net2Phone looks like a great opportunity for investors. I hope not. The market has been doing nicely since the early 1980s.