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Wireless

Mobile operator revenue from IoT to reach EUR 11 bln in 2016

Wednesday 14 December 2016 | 09:46 CET | News
Mobile operator revenues from the Internet of Things (IoT) reached EUR 11 billion this year, according to the latest study from Berg Insight. In the third quarter, Vodafone and Verizon generated around EUR 200 million each in direct sales from IoT connectivity, systems and applications. Next year, Berg Insight expects that a handful of operator groups will generate more than EUR 1 billion each from the IoT next year.

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Categories: Mobile & Wireless
Companies: Verizon / Vodafone
Countries: World
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