Best Buy, Vivint Expand Smart Home Pilot to 400 Stores; Analyst Says It Stiffens Rivalry With MVPDs
Best Buy and Vivint Smart Home are expanding their partnership on an in-store smart home initiative to launch this summer in more than 400 stores, they announced Thursday. Feedback from pilots in 23 stores in Detroit and San Antonio is…
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“overwhelmingly positive,” emailed a Best Buy spokeswoman, saying the expansion includes Best Buy’s Geek Squad staff. This brings Vivint much-needed visibility to compete with security companies such as ADT plus MVPDs, Imperial Capital analyst Saliq Khan told us. As AT&T and Comcast boosted efforts in the smart home, do-it-yourself has started to slow down, he said. “The likes of Vivint, ADT and Moni Security have to find ways to become more relevant."