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Telecom giants AT&T, T-Mobile and Verizon Wireless are investing over $100 million in a joint venture aimed at allowing consumers to make purchases using their mobile phones, according to new reports.

A few industry experts believe the move taken by the trio is a desperate attempt by telecom giants to counter other similar services from rivals such as the Mountain View-based search giant Google Inc.

Dubbed 'Isis', the companies have yet to officially reveal any accurate figures regarding the overall funding.

So more or less, program funding still depends pretty much on the response it receives from merchants and banks, according to a Boston.com report.

Apparently, the Boston.com report cites an unnamed source with direct knowledge of on-going affairs concerning the new venture.

“It’s a given that people are going to be transacting more over cellphones. An independent wireless analysis stated that it could open a potential new revenue stream for them,” the Boston.com report claims.

Meanwhile, in related news, according to a recent study by Juniper Research, the worldwide mobile payment industry will generate $240 billion this year alone.

Read more about Verizon Wireless shining in mobile business

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Shop Online Verizon Wireless

Shop Online Verizon Wireless is a company that produces various types of telecommunication products. The company was founded in 2000. Headquartered in Basking Ridge, New Jersey, USA. The company employs 70,000 workers.

Currently, Verizon Wireless has announced a new Twitter application, known as peep-peep. This application is compatible with the phone features. The application allows users of Twitter to update your own status to see and respond to friendship, was re-tweet and send direct messages there.

These applications can be downloaded by typing "Tweet" the APPS (2-7-7-7). Peep-peep through 60 works with existing phones. And this includes models that run BREW. Meanwhile, an application offering price of $ 4 or about 40 thousand dollars for unlimited Tweets. And if subscribe entire cost of $ 1.50, or around 15,000 months eh.

In support of the Verizon Wireless website provides detailed information on mobile phone use abroad. According to the site there are 44 countries in the world where Verizon Wireless phones can be activated and can be used include:

Aruba, Bahamas, Bangladesh, Barbados, Belize, Bermuda, Bonaire, Canada, Cayman Islands, China, Curacao, Dominican Republic, Ecuador, Guam, Hong Kong, India, Indonesia, Israel, Jamaica, Japan, Macao (Macao), Mexico Netherlands Antilles, New Zealand, Northern Mariana Islands, the Palestinian Authority, Peru, Philippines, Puerto Rico, South Korea, San Aruba, Bahamas, Bangladesh, Barbados, Belize, Bermuda, Bonaire, Canada, Cayman Islands, China, Curacao, Republic Dominican Republic, Ecuador, Guam, Hong Kong, India, Indonesia, Israel, Jamaica, Japan, Macao (Macao), Mexico, Netherlands Antilles, New Zealand, Northern Mariana Islands, the Palestinian Authority, Peru, Philippines, Puerto Rico , South Korea, St. Croix, St.. Croix, St.. John, St. John, St. Maarten, St.. Maarten, St.. Thomas, Taiwan, Thailand, Trinidad and Tobago, Turks and Caicos, Ukraine, Venezuela, Vietnam, Virgin Islands, British Virgin Islands, U.S. Thomas Yemen, Taiwan, Thailand, Trinidad and Tobago, Turks and Caicos, Ukraine, Venezuela, Vietnam, Virgin Islands, British Virgin Islands, U. S, and the final list of Yemen.

For users in Indonesia itself, as there were reports of chip.co.id site, President of SEA and the Pacific International Qualcomm John Stefanac explain the existence of the CDMA market, and the presence of 4G LTE, which in Indonesia. John said that CDMA will continue to advance, but in order to move more quickly if that collaboration between operators, as well as expanding the spectrum is used (about 5 MB per operator) can also reach more places.

And on the other side in the 3G sector in Indonesia, John also explained that 3G in Indonesia should be increased because the increase of 3G is capable of 4G LTE presence in Indonesia. 4G use is limited in the end require a 3G network when there is a movement of the user's location. For the 3G must be repaired, you can do as in CDMA, which is a collaboration, so that the spectrum is larger (about 20 MB to 30 MB per operator), which ultimately LTE 4G presence in Indonesia to assist the more rapid and can be enjoyed by people in Indonesia. read more Verizon Wireless