AT&T (NYSE:T) announced a major win Monday, confirming that General Motors (NYSE:GM) has given it the contract to service its wireless OnStar safety, security, diagnostic, and infotainment service available in Chevy, Buick, GMC, and Cadillac cars and trucks.
In a press release, AT&T noted that this is a "multi-year agreement" servicing "millions of GM cars, trucks and crossovers with 4G LTE mobile Internet access." The new suite of services AT&T will be providing to OnStar subscribers will include not only streaming audio, but also Internet access, apps, and video for backseat passengers. AT&T said it will also be offering Wi-Fi hotspots and voice-activated calling in GM vehicles using OnStar.
Financial details of the contract were not disclosed.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends General Motors and Vodafone. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.