Tom Online, the largest wireless valued-added services provider in the Mainland, estimated that third-quarter revenue may fall 20 to 25 percent from a year ago as a result of recent policies enacted in China to protect mobile users, The Standard reported. Total Q3 revenue is expected to come in at between 32.5 million US dollars and 34.5 million US dollar, compared with US$43.16 million a year ago, said the paper. "In the short term, the new policies will have a negative impact on our business. But in the long term, the market is still growing and the big players will benefit because of closer relationship with the carriers," quoted chief executive Wang Lei-lei as saying. While mobile pone content is one of its major revenue sources, Tom Online's site, tom.com, includes blogs, e-mail, sports news, ring tones, games, and a music service called Wanleba. The company is listed both in Hong Kong and on the Nasdaq stock market in the United States. Wang warned Tom Online would continue to suffer in the next one or two quarters. There might be some improvement after December, however, with China Mobile reviewing its policies in October and November.