Messengers like whatsapp, bbm,wechat are making the messages flew and not usual sms.
Sms industry is making losses and doesn't seem to recover as of now our may be never.
With telecom operators tying with these messengers, things seem more bleak for sms. Well sms nest the same fate as telegram in few years time?
Its a big loss for telecom companies. A few years back sms was none of the most important revenue streams of companies.
now its the data packs which are doing well for companies.
However, the trend is more of an urban phenomenon. The rural market has still usage of smses.
But thisis going to change very quickly