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4min chapter
Qualcomm
Acquired
Cellular Telephony in the United States in the Year 2000
In 1980, AT&T commissioned McKinsey and company to predict cell phones. They forecasted 900,000 people would be subscribed to a cellular telephony network in the year 2000. That number was off by over 100 X. And they could kind of foresee this, you know, because they knew what the demand was. Ericsson's well on the way to like pilots proving showing it works. But one incredible, I think this took five years to eventually become official.
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