U.S. Mobile Service Provider IoT Revenues Already Growing 11% Annually

Posted August 31, 2017

In Business Model, Internet Access, Mobile, Spectrum

AT&T is the leader among U.S. carriers when it comes to internet of things connections, according to Compass Intelligence. The carrier ended the second quarter with 33.7 million IoT/machine-to-machine connections, a four percent increase from the first quarter, and more than twice the number of connections reported by Verizon and Sprint combined.

Verizon ended the second quarter with 18.2 million connections and Sprint has 13.2 million. T-Mobile US had an estimated 4.6 million IoT connections, down 22 percent from the first quarter, according to Compass Intelligence.

As a group, the four nationwide U.S. mobile service providers have added an estimated 7.5 million IoT connections within the last year, an increase of almost 11 percent.

AT&T’s IoT connections are up 16 percent, Verizon’s connections higher by eight percent and Sprint’s IoT accounts up 20 percent. T-Mobile’s number of IoT connections appears to be down 11 percent over the last year, based on the Compass Intelligence estimates.

Gary Kim

Gary Kim is a communications industry analyst of 30 years, ranked second globally among power influencers in mobile and among the top 10 telecom thought leaders. He currently works as a telecom/Internet conference content developer and speaker. He recently founded the Spectrum Futures conference for the Pacific Telecommunications Council, and acts as a conference advisor for PTC. He is a member of Mensa, the international organization for people with IQs in the top 2 percent.