Bubbles Precede Build Outs: "The net of all this - bubbles precede the buildout. And the buildout's clearly underway with mobile operators chasing revenue and value. With operators beginning to see a market driven by services and content, maybe there's irony in 3GSM and the Cannes Film Festival having shared a venue for so long. How much longer before a first run movie premieres on a handset?"—Jonathan Schwartz (Sun)