Facebook, WhatsApp Seen Disrupting Wireless Messaging
Facebook’s (FB) purchase of popular messaging app WhatsApp for $19 billion could further roil its relationships with wireless phone companies, as text messaging revenue falls for telecom firms, analysts say. Messaging apps allows users to send text messages using Internet protocol (IP) technology, bypassing the short text messaging services (SMS) offered by wireless firms. Wireless services providers including Verizon Communications (VZ), AT&T