Hi,
it’s not a point of my interest, but from the very little I heard about it, yes.
Here is some example http://phandroid.com/2013/11/29/sms-exploit-can-remotely-reboot-nexus-handsets/
Here is (an older) example of a phishing attempt (using an exploit) http://www.networkworld.com/news/2012/110212-android-sms-phishing-263930.html (this one makes you believe the message came from someone you know, but actually is just generated on the device).
Filip