Telcos lost Millions to Facebook this Christmas

Last year, I remember waking up on the 25th to hundreds of text messages with greetings of Merry Christmas. Today, I still get tons of greetings but this time it’s on Facebook and Twitter.

It’s mostly on Facebook with people posting greetings on their Walls or tagging photos with your name. It’s a shift in the communication trends — Facebook updates and Tweeting is replacing the good old SMS.

That could translate to millions or tens of millions of lost revenues for the telcos. Imagine if the 5 or so millions of Filipinos on Facebook skipped sending at least 10 SMS greetings each and posted greetings on FB instead. That’s an easy Php50USD 0.85INR 72EUR 0.81CNY 6 million in lost revenues on a single day. Good thing though is that there are no more network congestions around midnight, unlike before.

And in the spirit of the yuletide season, here’s a Merry Christmas to all readers and fans of YugaTech!