The Growing Impact of Apple’s iMessage on Wireless Carriers.
8:18am - January 27, 2012By InvestorPlace
As the free texting service for iPhone erodes revenue from carrier data fees, carriers are watching closely
Wireless carriers, particularly AT&T (NYSE:T) and Verizon (NYSE:VZ), could see another hit to their bottom line in the coming quarters by the onslaught of new iPhone users. This time it will be because of Apple’s (NASDAQ:APPL) iMessage and free text and chat services.
Both AT&T and Verizon reported losses during the most recent quarter, partly because of subsidy costs for iPhone sales. And now iPhone may cause more disruption as customers discover that they don’
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