A third of new cellular customers last quarter were cars $ATT $VZ $TMUS $F $GM

With smartphone growth slowing, carriers are turning to cars for growth. Another sign the Connected Society is moving past smartphones.

 

With the U.S. smartphone market saturated, most of the growth in the cellular industry is actually coming from other kinds of devices including tablets, machine-to-machine connections and lots and lots of cars.In the first quarter, for example, the major carriers actually added more connected cars as new accounts than they did phones.That doesn’t mean there weren’t a lot of phones sold, though, but most smartphones went to existing customers. When it comes to new accounts added, so-called “net adds,” things were fairly split among cars, tablets, phones and industrial connections, according to a new report from industry consultant Chetan Sharma.

Source: A third of new cellular customers last quarter were cars – Recode

About the Author

Chris Broussard
I'm the Co-Founder and President of Tematica Research and editor of Thematic Signals, which aims to uncover confirming data points and items to watch for our list of investing themes. Whether its a news item, video clip, or company commentary, we've included this full list of items literally "ripped from the headlines." I have been involved in financial services marketing and publishing for over 20 years – having held senior level positions with financial publishers, financial services corporations and providing marketing support and consulting services to financial institutions and independent financial advisors. My background in digital marketing, financial services and consumer research provides me with a unique perspective on how to uncover the underlying proof points that are driving the themes our Chief Investment Officer Chris Versace utilizes in our various Tematica publications.

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