Hi ThinkMobile readers - all the great mobile apps, devices and reviews are now a part of mediabistro's SocialTimes.com. Thanks for reading!

Mobile Entertainment reports on some research from the GSM Association that forecasts a potential $250 billion mobile advertising market built around a new initiative.

Earlier this year, European mobile operators O2, T-Mobile, Orange and 3 joined forces with the GSMA to “define a common mobile ad audience measurement system,” ME says. The idea behind the initiative is to make it as easy for advertisers to run a mobile campaign as it is for them to run one on more traditional platforms, such as TV.

According to the publication, the ambitious $250 million is for 2010 and is based on the GSMA’s estimates for a total mobile ad market of an even more ambitious $533 billion.

Top Stories
 
Mediabistro Events
EVENTS
AllFacebook Marketing Conference returns to San Francisco on June 28-29! Join us and get a how-to guide for marketing to Facebook’s 800 million users. A full agenda will be announced soon. Keep an eye on our event site for more information. Special early pricing is available for only $249 until this Wednesday, February 15, so register today.