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Analysis firm Ovum claims social messaging apps like FB chat generated almost 14 billion dollars of lost revenue last year for cell networks worldwide.

This is pretty much the same financial argument passed around when IP telephony relegated analog switches to the junkyard of history and traditional landline providers whined about how mobile unlimited long distance was killing their business.

Sprint, Verizion et al have had since the original Palm Pilot was introduced (if not the Apple Newton) to prepare for this. And AT&T has transitioned into a broadband and mobile giant, potentially far exceeding their total market population and revenue generation of the Ma Bell days.

Go text someone who cares, Ovum.
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