I know WAP, how it affected the industry though? Basicallly some dudes partnered up with 1-900 phone sex lines for referals, and made WAP porn sites that just had link to 1-900 numbers and made some money that way.
Basically that is all that it did, because no one in their right mind makes a whole WAP site with images, they sit and wait patiently for Compact HTML and i-mode
(at least that is what I was doing 2 years ago, now I could give a rats ass about cell phones)