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February 20, 2008

Wall Street Journal now the Mobile Street Journal? Excellent coverage of mobile

I've often commented on various leading mass media when they get significant numbers relating to mobile telecoms very wrong. And where many UK based English language periodicals (Economist, Financial Times etc) tend to be more right than wrong, the USA based periodicals often have quoted very out-of-date or even totally wrong numbers when reporting on mobile.

So yesterday's Wall Street Journal (Feb 19, 2008) had four long articles - two full page stories and a third page splitting a further two stories - about mobile telecoms. Note that for the Journal, this is more in one day than they have had in some recent months, ha-ha. But seriously, I was most impressed, that in this very lengthy WSJ coverage of four major themes for mobile telecoms - the handset evolving past a voice device, the emergence of mobile advertising, the business of wireless networks, and mobile banking - The WSJ had every detail right !  I was really impressed. Three pages of long articles with only small illustrations, and yet all the facts were dead-on. They also quoted many of the right companies and people. Not only talking about the obvious big boys such as Nokia and Vodafone, but also discussed such innovator smaller new players as Fjord and Blyk.

Very good reporting, Cassell Bryan-Low, Jessica Hodgson and Adam Ewing. If the business readers of the Wall Street Journal can get this accurate and relevant news reporting about the mobile telecoms industry - as we approach rapidly the 1 Trillion dollar industry size (expect that to happen about 2010, by which mobile telecoms will be as big as the global automobile industry or the worldwide military sales business, etc) - this is very good to know that the WSJ is taking our industry so seriously. Very good reporting, Journal.

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