Wireless on the Brink?

AT&T reported their earnings, and revenue for wireless data services -- including text-messaging and mobile Internet access - surged 57%. Data now represent 22% of AT&T`s total wireless service revenue.

Motorola Inc. (MOT) said Monday it made an equity investment in VirtualLogix through Motorola Ventures, its strategic venture capital arm. VirtualLogix is a maker of virtualization software, which enables the mobility of applications from the desktop to mobile devices.

Are we on the brink? Back in 2000, with the advent of 3G, the mobile industry was going to be flipped on its head? That never materialized.

Devices have become more powerful. Access has become more ubiquitous. Are customers more willing?

The timing is getting closer, but until someone cracks the code on getting customers to invite them into their personal space (the screen on the phone) in such a way that companies can truly monetize it, we are still in the waiting game.

It will only take one to make the difference. Where is that one, and how far along are they?