AdSense for Mobile also allows AdSense publishing partners the ability to earn revenue from their mobile Web sites through the targeted placement of mobile text ads.
The program was designed for AdSense partners who have created Web sites specifically for mobile browsers, and want to monetize their mobile content with contxtual ads.
The ads will run on an auction model.
AdSense for Mobile will be available in the U.S., England, France, Italy, Germany, Spain, Ireland, Russia, Netherlands, Australia, India, China, and Japan (available in the coming weeks).