Top

Will Amazon fund an IoT network?

July 7, 2017

Category:

A potential partnership could help Amazon enter the wireless business — a move that could further streamline its digital services.

Amazon CEO Jeff Bezos and Charlie Ergen, CEO of Dish, reportedly may be considering partnering on a potential wireless project. With Amazon’s financial backing, sources said the team could create an Internet of Things (IoT) network, reported the Wall Street Journal.

This network could be a boon for Amazon on many levels. According to sources in the report, the network could become a way to offer Prime members wireless connectivity or phone plans.

Read More on Chain Store Age