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Wednesday, April 16, 2014, 2:26 p.m.

Messaging app drains phone carriers’ sales

Facebook Inc.’s $19 billion purchase of mobile-messaging startup WhatsApp Inc. is a stark reminder of how much money phone carriers are losing out on as competitors let users text and chat at no charge. Free social-messaging applications like WhatsApp cost phone providers across the world

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  • Headline: Messaging app drains phone carriers’ sales
  • Publication: Business, Pages 19 on 02/24/2014
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