"This transaction [acquisition of InfoSpace Inc.'s mobile business unit], when it closes, gives us 11 of the top 13 carriers. We will be powering five of the top six carriers' portals. For four of the top six carriers we power the storefront, and for four of the top six carriers we also power the search. That breadth and that coverage enable us to do the most important thing, and that is to deliver a great rich experience to the end user...
We handle ringtones, games and graphics for AT&T. We have 15,000 developers and over 5 million digital media products integrated into our platform. We believe it's through segmentation and demographic analysis that we as a company understand that user, and understand what they are looking for and deliver it for them...
When we are talking about where the market is going--with advertising and search and different types of media that will be harnessed--you have to think about companies from a competitive standpoint like Ericsson, IBM and Hewlett-Packard. I'd be naive to not mention Google. Those are all companies that I believe we will see in a competitive environment in the future...
This industry is very complex and a very expensive industry to be in. This is very different from the web environment, which is very static. The industry we are in today has billions of users and thousands of handsets. Multiply that times the millions of pieces of digital media. And every day there is new content added and new technologies created. All this adds complexity.
Consolidation has occurred because it takes a lot of capital to make even a single point solution. That's why you see companies like Motricity, Ericsson and others acquiring key companies."
