By James Brehm & Kathryn Lawhon
The machine-to-machine connections that AT&T added this quarter will make your jaw drop. This afternoon, AT&T released that 1.275 million connected devices have been added to their overall number, making them stand out among many carriers. We believe that this is the first million-device quarter outside of China.
This marks a watershed moment in the IoT space as the number of new connected devices outgrew the 1.2 million new postpaid mobile smartphones that were added. A huge portion of this can be attributed to AT&T’s strategy around the connected car with over 500,000 net additions. This number points to a host of other connected devices, creating new possibilities in the Internet of Things.
We believe that this number from AT&T is three or four times that of the competition. AT&T takes the cake this quarter- no questions asked.