The smartwatch industry seems to be growing in the US. Two companies have launched new devices to consumers in recent weeks. And for example Apple ((AAPL:US) and Nike (NKE:US) have announced their new model called NikeLab, which sales will start next week in the Nike´s webstore.
The Chinese ZTE smartwatch Quartz is available from the third largest operator, T-Mobile in the US. The smartwatch is powered by Android Wear 2 & Qualcomm Wear 2100 platform. According to the company release, consumers can connect virtually when they like and where they like, while the smartwatch is operating all time in the T-Mobile network. This smartwatch is available from the T-Mobile stores from tomorrow on and the pricing is just under 200 dollars.
Verizon (VZ:US), the US telecom company, has launched an exclusive smartwatch called Wear 24. And it can be used apart from the smartphone like the ZTE´s rival. This smartwatch costs 299 dollars and 349,99 dollars without the contract. The Verizon Wear has different colors ranging from stainless steel to rose gold. This model also includes Android Pay.
Verizon released also its first quarter results today. – Our first-quarter results again demonstrated that customers value a high-quality network experience,” said Chairman and CEO Lowell McAdam.
– To build on our loyal customer base and the third-party recognition we have received for network leadership, we extended our wireless and fiber network capabilities, began offering an unlimited pricing option and expanded our opportunities in new markets. We’re executing on strategies to capture future growth and create long-term shareholder value, he said in the statement.
In the financial markets analysts are expecting some kind of M&A deal with for example Comcast, Disney or CBS. Verizon has said it is open to talks with them according to Bloomberg News. If there would be some kind of a merger, it would change the landscape of media and telecom companies in the US totally. The market value of Verizon is about 197 billion dollars.