Everything worth knowing, nothing that isn't.
The two flavours
Consumer OTT bypass: people texting friends use WhatsApp instead of SMS. Operator loss: P2P SMS volume. Enterprise OTT bypass: businesses send order confirmations via WhatsApp Business instead of SMS. Operator loss: A2P SMS volume (partially offset by operator-hosted RCS revenue, where deployed). In MENA, P2P-OTT bypass is essentially complete in UAE/KSA/Lebanon; enterprise A2P-OTT bypass is at ~30% penetration and growing.
Why it isn't a wipeout
Three structural reasons SMS persists. Universal reach (every handset, no app install). OTP requirement (banks and regulators still mandate SMS for 2FA in many markets). Operator-grade deliverability (RCS and WhatsApp depend on the user being signed-in and data-connected; SMS works on a flip phone in a basement). Even in saturated markets, SMS A2P volume continues to grow because OTP and emergency-alert use cases keep expanding.
What the channel mix looks like in 2026
Marketing: 60% WhatsApp / RCS, 30% SMS, 10% other (push, email-to-SMS). Transactional: 70% SMS, 25% WhatsApp, 5% push. Authentication (OTP): 75% SMS, 15% WhatsApp, 10% Flash Call / silent verify. The trend lines: marketing continues to shift toward rich channels; OTP shifts slowly toward silent-verify; transactional remains SMS-dominant because of universality.
What enterprise senders should do
Don't pick a channel; pick an orchestrator. BroadNet's omnichannel router (see /products/omnichannel) picks the cheapest delivering channel per recipient per use case — fallback chains like WhatsApp → SMS → Voice for OTPs, RCS → SMS for marketing. The mix self-tunes over time as channel costs and reach shift.