TechCrunch | Alert: Social Media Is Eating Into Carrier Revenues, And It’s Only Getting Worse
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Twitter, Facebook and other social networks have long counted on the rise in smartphone usage to help fuel their growth: that trend, however, seems to also be taking a toll on mobile carriers -- specifically in the form of revenues.
The analyst firm of Ovum, part of the Informa Group, has estimated that operators lost $13.9 billion in SMS revenue...
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