Smith Micro: The Dominant Family Safety Solutions For Carriers

  • After Verizon renewed its contract with the competition, Smith acquired that business from Avast, making it the dominant player.
  • This is distinctly second best to winning Verizon outright as there are the acquisition cost and running cost of its business, but we are still bullish.
  • The simple reason is that T-Mobile and three other carrier wins will start to ramp soon, which is likely to equal if not supersede Sprint’s 2019 ramp.
  • More importantly, Smith becomes the dominant player in family safety products for carriers.
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