, 3 tweets, 1 min read Read on Twitter
"LTE attained 4.7 billion connections worldwide as of June 2019,
representing 53% of all wireless connections worldwide. 250M were new in 2Q 2019. LTE represents 88% of all mobile connections in North America as of June 2019." bloomberg.com/press-releases…
"In the early 1980s AT&T asked McKinsey to estimate how many cellular phones would be in use in the world at the turn of the century. The consultancy concluded that the total market would be about 900,000.”

>3X that many new LTE connections were added every day in 2Q 2019.
McKinsey's forecasts assumed customers would always use a land line phone if one was available. McKinsey didn't understand the value of mobility. People like Craig McCaw realized than humans hate being tied to a desk by a phone cord. He believes: "humans are naturally nomadic."
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