WorldCom: company doom and sector gloom

The fraud will almost certainly prompt WorldCom's banks to foreclose on its $30 billion debt, driving the company into Chapter 11 bankruptcy. It will also hit customer confidence, raising the specter of mass defections - hitting creditors' chances of recovering their debts. Nor is it good news for other indebted telcos: they will find it even harder to raise money going forward.

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Wireless gaming: 19% of the UK play

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Will clinical trials go mobile

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Will border violence hurt offshore outsourcing into Mexico?

Drug-related violence in communities on the US/Mexican border has received significant media attention in recent weeks, and could potentially cause concern among outsourcers and their clients with contact center deployments in Mexico. However, Datamonitor believes that serious investors need to look at the long-term value that can be derived from this established national market.

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Wells Fargo: ditching its digital wallet

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WAP services: popular with the Brits

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Vodafone: taking control in the US and Japan?

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Vodafone: digging its heels in

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Visa and DeviceFidelity partner to bring mobile payments one step closer

Visa and DeviceFidelity have announced plans to launch an NFC-capable microSD memory card for use in mobile phones, effectively turning them into contactless payment devices. Although Visa's involvement makes this new device a much stronger proposition than previous offerings, perennial issues such as competing technologies, revenue models and consumer acceptance must still be tackled.

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Verizon/Lucent: it's good, but it's not 3G

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