Anyone actually got this to work other than OP. Im still getting the same error.

~/MyDocs/OSTN02_OSGM02files $ python osgb.py
Traceback (most recent call last):
File "osgb.py", line 21, in <module>
from QtMobility.Location import *
ImportError: No module named QtMobility.Location

Even after reinstalling all the python modules.

python-qtmobility11
python-qtmobility
python2.5-qt4
python-pyside

QtMobility.Location seems to have installed ok but it cannot find it.