Kamath, In case you haven't solved this puzzle yet - Looks like you have one regular port - ttyS00 (COM1) and ttyS02 (COM3) detected by the cardmgr probe. It looks like for some reason the probe couldn't assign ttyS1 to your card. One reason for that is that your /etc/serial.conf explicitly allocates ttyS1 together with ttyS0 ( which is a default anyway ).
I'd check if your wvdial has correct permissions to open a serial port and reconfigure it to use ttyS2. Once you get it working check why you cannot use your card as ttyS1 - check the messages for your last boot in your /var/log/syslog. Hope it helps Jacek
