The software giant could beat out Google to land the biggest mobile search prize, report says.
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Analysts say that after years of missed opportunities a bold move by the handset maker was necessary but fraught with problems.
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Alliance--which includes Cisco, Alcatel-Lucent, Samsung, Sprint Nextel, and Clearwire--aims to cap costs.
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Report says established vendors are dominating the emerging wireless market, but don't count out VC-backed WiMAX specialists.
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Equipment suppliers seek to spur the sluggish WiMAX market by tying its fortunes to GSM/EDGE the world's most popular mobile technology.
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Video giant tunes up its application for mobile phones but could be avoiding wireless carriers.
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