Over 2 billion mobile phone and tablet users will make some form of mobile commerce transaction by the end of 2017, according to a new report from Juniper Research.

That’s up from an anticipated 1.6 billion people this year.

Facebook has announced its latest quarterly earnings figures and has also revealed details of the social network’s mobile-based users.

The number of monthly active users (MAUs) was up 15% year-on-year to 1.28 billion, with mobile MAUs up 34% to 1.01 billion.

Facebook has agreed to acquire virtual reality company Oculus VR in a deal worth approximately $2 billion (£1.2 billion).

Oculus VR has become well-known for its ‘immersive’ virtual reality technology, having received more than 75,000 development kit orders for its Oculus Rift 3D virtual reality headset.

Facebook has agreed to acquire cross-platform instant messaging app WhatsApp for around $16 billion (£9.6 billion).

The deal to buy the five-year-old company includes $4 billion in cash and around $12 billion in Facebook shares.

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

Mark Bridge writes:

James Rosewell shows me a colourful roll of paper that's the width of an iPhone but well over three metres long. When I look closer, I can see it's a printed copy of the Wall Street Journal's mobile website. That's a lot of scrolling to do... and a pretty unfriendly user experience for anyone reading the news online. Why does it work so badly?

The Fonecast returns to its usual format this week, catching up on industry headlines including Ikea’s virtual network, new mobile music services and a surprising survey. There’s also time in the podcast for a quick preview of the new Sony Ericsson T700.

This week we've recorded a special version of The Fonecast for the summer holidays. Download it and discover our top ten tips for taking your phone abroad: essential information whether you're advising customers or planning your own escape!

This week's edition of The Fonecast includes an interview with United Mobile's UK Managing Director about VoIP, a preview of the new S2 Skypephone and a look at news headlines & rumours from the past seven days.

Iain Graham, Mark Bridge and James Rosewell from The Fonecast take an in-depth look at mobile industry headlines from the last seven days, including the potential changes to text charges when using your phone abroad. In addition, there's a preview of the Motorola ROKR E8.

In this week's edition of The Fonecast we take a look at the Samsung Tocco and talk to Amirul Choudhury from ChyTel Communications. As usual, we’ll also be having our regular discussion about the latest mobile industry headlines.