The Lack of Technological Development, the principal Obstacle to the Mobile Internet

At the end of the Nineties the New Economy gambled on a new e-business model using mobile devices, m-commerce or commerce using a mobile phone. Mobile phones, along with electronic agendas, have a greater market penetration than personal computers, in part due to their difference in cost, but also due to their ease and convenience of use at any moment and in any place. This is shown in the figures: the mobile phone has had a penetration amongst the Spanish public during the first quarter of 2001 of 67 percent, compared to 26 percent for personal computers in homes. This high level of penetration of mobile phones will be key to the volume generated by mobile commerce.