Another good read., page-4

This is in German. Google translator is your friend

https://www.juniper.net/de/de/insights/iot-for-mobile-operators/

Juniper said, that one of the main problems for IoT service provider are to generate less turnover per month ( about 0,5$ per meter/month, compared to average phone services at 70$ per client).

It will be interesting to know, whats the average number of meter per client (has every client only one meter or several for each device) As you can see, I'm no technican maybe someone with deeper background can explain that point.

If every client will only have one main meter, I doubt that we will get "the big contract" from globalsat.