Mobile Planet has unveiled a bilingual portal to be accessed through new Internet-ready mobile telephones. Called WAPHead!, the portal will begin operations by providing information and services to users of so-called next-generation mobile telephones and personal digital assistants. The first of these devices, to be introduced this year, will be able to access the Internet at speeds comparable to present dial-up services on a desktop computer. However, access speeds are expected to increase to broadband-type levels by about 2002 with the introduction of third-generation mobile networks, allowing full video and other genuinely data-intensive services. Chairman Nelson Wong Kam-fu said the company planned to invest US$50 million in the coming three years to expand the service throughout Greater China and then to the United States. Mobile Planet said it was negotiating with mobile-telephone operators on how to price its services. Options included sharing per-minute revenues. Chief executive officer Francis Au said some of the mobile-telephone operators would probably set up rival services. It would also be impossible to estimate market demand for wireless Internet services until the handsets came to market, he said.