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Trump launches his own phone on the market

Trumps Firma will den US-Handymarkt erobern.
Trumps Firma will den US-Handymarkt erobern. ©APA/Getty Images via AFP/GETTY IMAGES/MEGAN BRIGGS
The Trump Organization is further expanding its business activities and is now entering the US mobile market.

With its own smartphone and a new mobile offering, the business group of US President Donald Trump aims to attract conservative customers. "We are launching a whole product package where people receive telemedicine, roadside assistance, and unlimited text messages to 100 countries for a flat fee," said Trump's eldest son, Donald Trump Jr., on Monday.

Trump Company Launches Smartphone and Mobile Package

He, along with his brother Eric, manages the Trump Organization, where the business activities of the US President are consolidated. The business group originally engaged in real estate and the operation of luxury hotels and golf courses. In recent years, it has expanded its involvement to include digital media and cryptocurrencies. Although the sons of the US President manage the company's day-to-day operations, concerns remain about potential conflicts of interest related to their father's office.

T1 Phone to be Produced in the USA

According to reports, the "T1 Phone," which is produced in the USA, will be available from September. At the same time, users could use the new mobile offering from "Trump Mobile" for $47.45 (41.22 euros) per month. Donald Trump Sr. is the 45th and 47th US President.

So far, the more than 60 million smartphones sold annually in the USA mostly come from established providers like Apple or Samsung. They are almost exclusively produced abroad, mainly in China, India, and South Korea. Due to high labor costs and complex supply chains, there is practically no mobile phone manufacturing in the USA. The US mobile market is dominated by the three major network operators AT&T, T-Mobile, and Verizon. They share about 95 percent of the total market among themselves. The stocks of the three established providers slightly declined in pre-market trading.

(APA/Red)

This article has been automatically translated, read the original article here.

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