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Here's what Verisign said on its call about the market for mobile content:

…our mobile content services were the highlight… even without a major new market entry impacting Q4. Revenues… were up 27% sequentially, as we saw increased penetration in Europe and the initial contribution from Australia. …each new market entry typically drives incrementally revenue one to two quarters out…

…we also began testing the mobile content services in the U.S. in December using the Jamster brand. We built an initial content portfolio, tested compatibility with a wide variety of CDMA and GSM handsets, established billing connections to Cingular, AT&T Wireless and T mobile and began direct marketing efforts on youth oriented television channels…

…we expanded our marketing efforts late in December and plan to continue this throughout Q1. Clearly the U.S. market for mobile content is growing rapidly and we look forward to actively participating in and becoming one of the leaders in the market by the end of the year. Our nurturing plans include broadening the content catalog, establishing additional carrier connections and developing new demand generation spots for popular artists and titles.

…we did not recognize any U.S. based Jamster revenue as we have not completed a full billing and collections cycle with the supported carrier.

(Quotes from the CCBN StreetEvents transcript.)

Source: Verisign (VRSN) on mobile content (quotes from the conf call)