GM will offer embedded 4G LTE service in its 2015 vehicles. GM will offer the connectivity through its OnStar program, though the connection will use AT&T's (T) LTE network.
Each vehicle will receive a three -month free trial of the service that will turn it into a Wi-Fi hotspot. After the trial period users will have the option to pay for other service plans with start at $5 a month for 200MB of data, and go up to $50 a month for 5GB of data.
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TheStreet Ratings team rates GENERAL MOTORS CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate GENERAL MOTORS CO (GM) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income."