Is Facebook Friend or Foe to Telecom Companies?

(VIDEO) Many telecom companies fear becoming a "dumb pipe" with all transport costs while Facebook & Google reap all profits.  Facebook & Google argue that gaining access to their apps is the only reason new internet users subscribe to telco service.

Click here to watch an interesting WSJ video that reports on the ever growing tension between telecom companies that are spending billions of dollars to allow more people mobile internet access only to then lose text and phone calling revenue to Facebook and Google apps that allow mobile internet users to bypass the telecom carrier's text and phone calling apps. Click here to watch WSJ video...

Credits: Original WSJ story 

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