AT&T Inc. is launching its home security and automation service in 15 cities Friday, with an eye toward getting customers hooked on security cameras, thermostats and locks they can control from phones and tablets.
AT&T’s “Digital Life” packages will be sold in cellphone stores in markets including Los Angeles, Chicago, San Francisco and Miami. The company plans to roll the offering out to 50 markets by the end of the year.
The home monitoring and automation field is dominated by security firms such as ADT Corp. Other phone and cable companies sell security packages, but AT&T is going further than competitors by developing its own technology and selling it nationwide, not just where it provides local phone service. It has set up monitoring centers, in Dallas and Atlanta.
The entire U.S. home security market is worth about $18 billion per year, said Glenn Lurie, who is in charge of expanding the reach of AT&T’s network to new types of devices. That’s small compared to AT&T’s $127 billion in annual revenue. But only 20 percent of homes have security systems, so there’s an opportunity to expand the market, Lurie said.
Read more at The Daily Progress
AT&T Inc. is launching its home security and automation service in 15 cities Friday, with…
by Personal Defense World / May 1, 2013