Both companies had to do something and this deal is probably the best they can do.
Bertrand Bidaud
We might see a market shift. So the next six months is really critical for WAP.
market critical
I expect this to happen, so it's not exactly all doom and gloom [for WAP].
gloom
In many markets we are at the low point [in adopting WAP] and we should move up. It has to move up within the next six months or the key players will be impacted because there is a lot of money at stake.
key money
The problems faced [in the Mainland] are the usual problems [with WAP].
problems
There is clearly increasing pressure on WAP (wireless application protocol). NTT is pushing very hard to impose I-mode as an alternative to WAP.
pressure hard
If you look at what is popular in Korea with the early adopters of technology, we expect these to be very similar [in the Mainland]. In Korea, wireless stock trading and messaging have been very popular.
technology early popular korea
There's a good strategic fit if you look at it that way.
good strategic
They need to get out of competition on a deal-to-deal basis.
competition
On paper, there is a good strategic fit between these two companies. The challenge, as always, is execution.
challenge good execution paper strategic
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