Telefonica adding Yahoo mobile search

Yahoo announced its largest mobile search deal to date, inking an agreement with Telefonica to provide search services to the operator's 100 million-plus subscribers cellphone across Europe and Latin America. Financial terms were not disclosed, although the firms said they will split revenue generated from mobile advertising efforts. Telefonica will launch Yahoo's oneSearch, e-mail and Flickr photo-sharing services in early 2008.  

For more on the Yahoo/Telefonica deal:
- read this Wall Street Journal article

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