In another blow to the WAP format, one of the main service providers in the field, UK company MobileFuture, has announced that it is to be wound up.
The wireless service provider had been struggling for some time and on 27 June announced that unless it received additional funding by the end of that month, it would have to instigate insolvency proceedings, as it would be unable to meet commitments due at the time. It failed to find this funding and, as a result, said on Wednesday that the company was to close down. Its listing on the London Stock Exchange has been temporarily suspended until the company's financial future has been resolved
News source: The Reg
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