consumers are more devoted to their mobile phones than their automobiles. ( Michael Nagle / Bloomberg File Photo )The shift is increasing the attractiveness of bonds generated from mobile-phone loans, a small but growing portion of the asset-backed securities (ABS) market. Technological change is driving shifts in consumer behaviour.” There isn’t much breakout data available for mobile-phone loans because it’s a newer segment. The spreads on the securities have tightened and are generally in line with prime auto debt. Article Continued BelowWhile AT&T Inc. and others have done short-term financing through phone loans, full-blown ABS haven’t yet materialized from Verizon’s smaller rivals.

Source: thestar May 22, 2018 18:22 UTC