Reuters - The new technology which enables small payments from mobile phones by just flashing the handset is likely to reach masses only around 2012, when one phone from five sold will be equipped with the technology.

AP - NEC Corp.'s profit for the fiscal year through March more than doubled from the previous year as the Japanese electronics maker's mobile phone and computer-chip businesses swung to profit.

AFP - Wireless telecommunications group Virgin Mobile USA, Inc., said Wednesday it was holding "strategic" talks with SK Telecom, South Korea's biggest mobile phone group.

Reuters - Nokia (NOK1V.HE) plans to add navigation to half of the phones it sells within a few years to find new revenue streams amid decreasing handset prices, a senior official at the world's top cellphone maker said.