T-Mobile reveals NB-IoT pricing strategy challenging Verizon | TelecomLead

Mobile US announced its pricing strategy for narrowband IoT (NB-IoT) services challenging main rival Verizon.

Based in Bellevue, Washington, T-Mobile said its price for the narrowband IoT (NB-IoT) will be $6 per year – offering at one tenth the cost of Verizon’s Cat-M plans.

T-Mobile is able to offer cost effective NB-IoT plan to enterprises and homes because the new IoT service is powered by narrowband technology that significantly lowers the costs of connecting things in the IoT market.

T-Mobile, which has a strong 5G strategy in place, said that the IoT plan includes 10 single-packet transactions per hour at up to 64 Kbps, up to 12 MB. Full service payment due at activation; renew after 12 months or 12 MB. T-Mobile said the IoT coverage may not be available in some areas; roaming not available.

The Un-carrier, which always challenges market leaders in AT&T and Verizon with new data offers, was the first wireless company in North America to launch NB-IoT last October and plans to launch the technology nationwide by mid-year. T-Mobile also announced that the company has certified new NB-IoT modules from u-blox and Sierra Wireless for use on its network.

Read complete article here:

T-Mobile reveals NB-IoT pricing strategy challenging Verizon | TelecomLead.