Facebook vs. the Wireless Industry

Facebook hasn’t yet figured out how to make meaningful revenue from mobile, the fastest growing industry in the world, but it has done plenty to create both opportunities and headaches for the wireless carriers. While Facebook is undoubtedly encouraging people to send fewer text messages, it’s also allowing carriers to take part in new revenue streams. That’s just the beginning of what we’ll see from Facebook’s mobile efforts, as the company recently told investors that mobility is one of its major priorities this year. Here are some ways that Facebook is good – and bad -- for the carriers.