Kurzweil predicts translation market

Ray Kurzweil, the U.S. technologist and self-styled visionary, spoke to the military the other day of upcoming
technology developments:

Another example is the development of instantaneous language translation devices, which Kurzweil predicted will be common on cellular telephones by the end of the decade. “Within a few years, we will be able to talk to anyone, regardless of language,” he said.

There are various speech translation projects in the pipeline. Who will be the first to bundle such a system into a commercial mobile phone service?