Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday October 11, 2011

Free Texts Pose Threat to Carriers

Oh no, free text apps are going to bankrupt the major wireless carriers! How will they ever survive by charging only $69.99 a month + $45 for data + $20 for unlimited messaging? My goodness, how will they ever get by without the revenue lost to texting apps?

"There’s a huge amount at stake here," said Craig Moffett, an analyst at Sanford C. Bernstein, who covers the telecommunications industry. "They are undermining the core business model for an industry that makes most of its money from services that are high priced and low bandwidth, like texting."