Monday, February 24, 2014

WhatsApp Shows How Phone Carriers Lost Out on $33 Billion

WhatsApp Shows How Phone Carriers Lost Out on $33 Billion - Bloomberg: "Carriers in other parts of the world still charge high fees for texts, and their revenue will be affected as WhatsApp’s popularity spreads, Entner said.

In Mexico, for instance, almost 90 percent of all instant messaging goes through WhatsApp, according to Ernesto Piedras, director of the Competitive Intelligence Unit, a telecommunications consulting firm based in Mexico City.

“From about a year and a half ago, WhatsApp use in Mexico has become overwhelming,” he said in an interview. “It’s convenient to use, and the more people have it, the more people use it.”" 'via Blog this'

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