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AUG 19, 2013 - Business Insider

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How Mobile Messaging Apps Are Disrupting The Tech And Telecom Industries

Depending on whom you ask, messaging is either the most important mobile phone feature or the second-most — after regular-old phone calls. Messaging, led by SMS texts, has grown to become a huge global industry and a revenue windfall for the world's mobile carriers: $140 billion annually over the next three years.  However, a new batch of companies are providing over-the-top (OTT) messaging services — services that send instant messages over the Internet and don't depend on wireless cell networks.  The OTT services are already causing big changes in ... Read More

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