For a long time now I’ve wondered how many portals the market can support across mediums. Is there really room for a Yahoo of wireless? And if so, why won’t Yahoo be the Yahoo of wireless? Well it seems some of answers are coming together with Yahoo! talking to Zed about taking a stake in the business which could lead to a buy out down the line. Sonera launched Zed hoping to replicate the success it had with SMS at home in Finland. But outside a few select European markets Zed has been an expensive dissappointment. Their US service never even made it out the door. Yahoo has been pretty low key about their wireless services and Zed’s expertise and experience may help them grow the services. The next portal on death watch is Vivendi and Vodafone’s ambitious Vizzavi.