Lower prices driving home automation sector

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In today's spotlight, FierceTelecom takes a look at how lower pricing from Verizon (NYSE: VZ) and other providers is driving growth in the home automation sector. "Home automation was very expensive. Introducing a subscription model to the industry changed that," said Matt Eyring, chief strategy and innovation officer at Vivint, which sells an entry-level home security system that costs $49.99 monthly. Verizon is challenging home security providers by charging $9.99 monthly for its Home Monitoring and Control service. Read more