Microsoft, determined to carve itself a prime position in the in the up and coming wireless Internet market, has teamed up with Nextel Communications.
To push the market forward the software giant has agreed to take a $600 million stake in Nextel in exchange for access to its 3.15 million wireless customers. The software giant has confirmed that it will create a portal for handhelds, mobile phones and pagers.
Microsoft will launch a co-branded portal on its MSN site, specifically for wireless users.
The portal, which is slated to go live later this year as a part of a major MSN upgrade, will include a Hotmail email utility, address book, calendar services and news. Future plans include ecommerce applications.
Analysts believe that the continuing growth in wireless networks and a drop in the price of wirless devices will quickly grow the market. Microsoft is determined to be one of the first to reap the benefits.
Last week Lucent confirmed it had licensed Netscape's Custom Netcenter to create an Internet start page for wireless users.
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