Russian Internet firm Rambler Media`s net loss widened to $2.1 million in the first six months of 2009, from $0.5 million a year ago, as advertising revenue declined, the company said on Wednesday.

New applications and the growing popularity of social networks like Facebook will boost advertising on mobile phones in the next two to three years, according to what executives have told Reuters.

IAA , the International Advertising Association Italy Chapter, has recently published the results about the international advertising market, elaborated by Nielsen and illustrated by Paolo Duranti, Nielsen Southern Europe’s Managing Director.