SMS Revenues Still Growing, Now $60 Billion

Wireless providers may be thinking 3G and Mobile TV, but the people on the street and still racking up charges for SMS, more popularly known as “texting.” The good news came from Informa Telecoms and Media via the Global Messaging 2007 conference held in Monte Carlo. According to Informa, mobile messaging is almost $80 billion worldwide and &60 billion of this comes from texting. By volume SMS will at least double according to several researches: 2.316 trillion (Gartner), 2.827 trillion (Ovum) and 3.173 trillion (Portio Research).