It took awhile, but AT&T
The wireless giant announced that it would begin offering Novatel Wireless'
AT&T is late to the MiFi revolution. Verizon
We know that "unlimited data" and AT&T aren't bedfellows anymore, making the MiFi through AT&T attractive only for the lightest of data sippers. In other words, this won't necessarily dent MiFi's existing wireless carrier partners, but it's also unlikely to be much of a boost.
Novatel has its own challenges these days. Rival Sierra Wireless
The best that Novatel can hope for through AT&T is that it reaches out to green wireless customers that are loyal to AT&T and have no idea that mobile hotspots even exist. Novatel can use the business. Now that the 2009 hype has died down, investors are looking at a company projected to post a wide deficit this year on essentially flat top-line growth.
The AT&T addition may not be much of a market, but it'll have to do now that Novatel has the domestic wireless giants covered.
Do you have any good or bad experiences with mobile hotspots? Share your thoughts in the comment box below.
Google is a Motley Fool Inside Value choice. Google is a Motley Fool Rule Breakers recommendation. The Fool owns shares of Google. 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.
Longtime Fool contributor Rick Munarriz has been a Novatel Wireless shareholders since 2009 and a user since 2010. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.