Reuters: Technology News: AT&T launches home security, monitoring service in U.S.

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AT&T launches home security, monitoring service in U.S. Apr 26th 2013, 04:03 Tweet Share this Email Print Related News Netflix has good hand with "House of Cards", shares soar 24 percent Tue, Apr 23 2013 Netflix adds 2 million U.S. streaming customers, shares jump 24 percent Mon, Apr 22 2013 Analysis & Opinion The 'next generation' of American talk An At&T logo is seen atop a store in Beverly Hills, California August 31, 2011. Credit: Reuters/Danny Moloshok NEW YORK | Fri Apr 26, 2013 12:03am EDT NEW YORK (Reuters) - AT&T Inc will kick off its home security and monitoring service in 15 U.S. markets on Friday, seeking to develop revenue streams beyond cellphone services. The No. 2 U.S. mobile service provider expects its Digital Life service to eventually bring in $1 billion in annual revenue. While AT&T, which reported first quarter revenue of $31.4 billion, still sells a lot of smartphones, growth in this sector is slowing for operators and AT&T posted a net loss of phone subscribers in the first quarter. Cable rival Comcast Corp is also offering home security services in an effort to broaden revenues. After its initial launch in cities including Atlanta, Chicago, Dallas, Denver and San Francisco, AT&T said it will bring the service to as many as 50 U.S. markets by the end of 2013. For AT&T's most basic home security service, it will charge $29.99 a month and an additional $149.99 fee for equipment and its installation. Comcast's lowest listed price for its security service is $39.95 per month. Additional options include motion sensors, smoke sensors, live video streaming from the house, water leak detection and remote control of appliances, lights, doors and thermostats. (Reporting by Sinead Carew and Liana Baker; Editing by Edwina Gibbs) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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