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June 01, 2002

New York Times: Beyond the big loss at Vodafone

Vodafone records the largest loss in British history -- yet its stock jumps higher on the news. Other revenues are anticipated:
Another cause for hope is that the next wave of service enhancements, the so-called third generation, may be near. Repeated delays in Europe in introducing these services, such as data and video transmission, have contributed to the stock-price declines for wireless phone companies' stocks.

Sprint and eONE Global to establish mobile payments network

Sprint and eONE Global, an innovator in emerging payment technologies and an affiliate of electronic payments leader First Data Corp., have announced that they have signed a letter of intent setting forth plans to establish a mobile payments network in the United States to enable consumers to make purchases and payments with their wireless devices.

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