We are giving our customers a solid foundation for creating new value by offering services to cater for the rapid growth we expect to see in mobile commerce world wide, Lars Boman, president of Ericsson Internet Applications, said in a press statement.
To develop transactions via mobile telephones it is essential that the issue of payment security be addressed. Once this is achieved the mobile commerce market stands to be worth an estimated $23 billion by 2003. Ericsson is right to be at the forefront of moves to achieve this goal.
