Best to my knowledge, standard SMS functionality is not there in 14.0 version of SAP MII. However, sending alerts through SMS can be achieved using webservices of any particular mobile operator which are usually paid webservices.
There is no out of the box sms support in MII. However you can achieve the same in several ways.
In Alerts in MII there is a possibility to add a Delivery Transaction. You can configure any MII trx in this place in alert definition. Every time an alert is raised this transaction will be called. To get the details of the alert in your trx create an input variable of type XML and assign the alert payload to this input.
In the trx you can write whatever logic you want. In your case logic to send SMS.
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