AT&T Adds 500K Connected Cars in Q3
Connected cars are starting to rev up for AT&T, the operator said on its third-quarter earnings call on Wednesday afternoon.
Automakers such as Audi and General Motors started this summer to deliver cars that connect to AT&T’s LTE network, and act like a “hotspot on wheels” for the driver and passengers. AT&T Inc. (NYSE: T) CFO John Stephens said on the call that the operator is now seeing “significant impact” from connected cars.
“In the third quarter, We added more than 500,000 connected cars, as the 2015 models started to roll off the production lines,” Stephens said. (See GM: 10 Car Models on Road With AT&T’s LTE.)
Ralph de la Vega, president and CEO of AT&T’s Mobile and Business Solutions, predicted in September that by 2017 there will be 10 million cars with embedded cellular connectivity on the road. (See Driving Miss 4G: Execs Talk LTE Cars at CTIA.)