T-Mobile and the future of mobile phones and apps
Posted On July 7, 2021
The smartphone market is expected to reach $4.8 trillion by 2020, according to an estimate from research firm Strategy Analytics.
That’s up from $3.7 trillion a year ago, and is still more than three times the size of the world economy.
But what exactly is the future?
According to Strategy Analytics, T-Mo is one of the leading players in the mobile space, and its CEO, John Legere, is looking to change the way the smartphone industry operates.
T-Mobile’s new approach is to sell its phones at a lower price point, rather than a premium.
The company is hoping to get customers to make the switch to cheaper phones that will be cheaper to maintain.
Legeres team says that by making phones cheaper, T:Mobile will save money for consumers.
“If you can buy a lower priced phone, then you’re going to make money.
If you can’t afford it, you’re not going to be able to make it,” Legeremes team told Business Insider.
According to Legereares team, a higher price point means that T-mo’s phones will sell for less, and that will save consumers money.
T-MO plans to release its phones in the US and Canada in 2018.
The phones will include 4G LTE support, 4G data, and the ability to unlock the device with a tap of the screen.
Legere said that TMO plans on selling phones in different regions, but the company is not offering the iPhone, iPad, or Google Nexus 6 for its customers.
LeGeres team believes that it will sell a wider variety of products, and TMO is already in talks with retailers about partnering with them.