Rich Communication Services: The telco networks' second wind

RCS is the foundation of Google’s vision for an open messaging ecosystem that can finally rival iMessage and WhatsApp.

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For decades, telcos were the unchallenged custodians of communication. SMS was their undeniable golden goose; universal, reliable and wildly profitable.

Then came the over-the-top (OTT) revolution: WhatsApp, Messenger, Telegram. Riding the same data rails telcos built, these apps ate the messaging pie whole, turning operators into mere connective tissue.

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Note: The results are not exact but very close to the actual.