March 10, 2011

Android in cars


“For now, OnStar is the leader. It has 6 million users, more than 4 million of whom pay an average of $240 a year. Add in the mobile-phone minutes from Verizon (HYPERLINK "http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=VZ"VZ) that OnStar resells, and the GM unit logs more than $1 billion a year in revenue, with double-digit profit margins. Its staff of 2,200 agents answers 99.7 percent of emergency calls within a second, faster than police 911 agents, OnStar says. During GM’s bankruptcy, OnStar was valued between $2 billion and $4 billion.” http://buswk.co/eBCftl

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