I have already seen this link for connecting local web service in windows phone 8 emulator.
http://msdn.microsoft.com/en-in/library/windowsphone/develop/jj684580%28v=vs.105%29.aspx
But this is not enough, i am trying to consume a remote wcf service in my windows phone 8 application; but every time i am getting a 407 proxy authentication required error.
Service is working fine but I am not able to consume the service; in windows store apps i can consume this service without any problems, but in windows phone 8 im not able to consume properly.