February 21, 2014
...AND CHEAPER...:
WhatsApp Shows How Phone Carriers Lost Out on $33 Billion (Olga Kharif, Amy Thomson and Patricia Laya, Feb 21, 2014, Bloomberg)
Information wats to be free...and everything is information.Free social-messaging applications like WhatsApp cost phone providers around the world -- from Vodafone Group Plc (VOD) to America Movil SAB (AMXL) and Verizon Communications Corp. -- $32.5 billion in texting fees in 2013, according to research from Ovum Ltd. That figure is projected to reach $54 billion by 2016.As more customers have switched to smartphones with better Internet access, people are relying more on applications such as WhatsApp to communicate.
Posted by Orrin Judd at February 21, 2014 1:13 PM
Tweet