A text costs the telecoms a fraction of a penny. Why do you pay so much?
What's in a text message? The real cost of SMS and just how badly wireless carriers are ripping you off - Techvibes.com
Texting your friend "Hey, what's up, Joe?" costs a wireless carrier roughly 1/1,000 of a penny. That is to say, sending roughly 1,000 text messages should cost, at wholesale pricing, about a single cent. If you send a lot of lengthier texts, it might round up to two cents. The number crunching at this point is simple: unless you're sending 500,000 text messages per month, your wireless carrier is profiting. Most people send under 1,000, and many send less than 100—all the while paying $5.00 per month.
Myriad people have pointed out the unfathomable markup of text messaging. In 2007, one suggest markup was 7,314 percent. In 2009, a markup of 4,900 was calculated. In 2010, in an article titled "America's Biggest Ripoff," the markup was believed to be around 6,500.
The trouble is that consumers don't have a clue about what a text message is really worth—or rather, how damn little a text messaging is really worth. A Simon-Kucher & Partners survey found that consumers believed a multimedia message or email containing photo(s) and/or video(s) was worth roughly 3 to 4 times what a basic text message was worth.
In reality, an MMS or email is anywhere from a thousand to a hundred thousand times more data than an SMS.