LaValle says Row 44 has a head start and is already deploying service in Europe, with an eye toward the Middle East and Asia.

FORBES: In The Air

This service has tremendous growth potential in regions such as Africa, Asia, Latin America and Eastern Europe where banking infrastructure is not well developed and only a small proportion of the population is banked.

FORBES: MasterCard Targets its Next Billion Customers with Mobile Partnerships

However, it claims to be witnessing softness in demand (from US, Europe as well as Asia), on account of reduced data center and enterprise spending as well as lower service provider capital expenditures.

FORBES: Broadcom's Future Look Bright Heading Into Earnings

After making big plays in North America and Western Europe, former P2P piracy powerhouse and current legitimate download service Napster has finally set up shop in Asia, bringing its war with iTunes to the world's second-largest music market: Japan.

ENGADGET: Napster Japan goes live