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I found this little bit of info on Yahoo news so i looked into it a bit more.
You can save $240 in texting bills if you download the app called "Textfree." it may require you to watch a couple of adds before you use it but it`s more than worth it if you can save $240 a year. It`s very fast and reliable and even comes with a voice-mail feature. It has an app for both iPhones, iPod touches, iPads, and Android powered devices! You do have to buy the app itself, but it has no monthly fees.