We all know that over-the-top providers have really done a number on the telcos. Once fat and happy, collecting big money for their text and voice services, the telcos were hit hard when the newcomers came along a few years ago with their more affordable OTT offerings.
According to a recently released study from Juniper Research, network operators are likely to lose nearly $104 billion this year as consumers continue their move from operator-provided text and voice services to OTT messaging and social media solutions. That’s 12 percent of the network operators’ revenues, Juniper notes.
