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> If the item has its own mobile network, i'm expecting an extra $20/mo for a phone plan (at which point, comparing to a fixed cost of an AirTag isn't valid.)

Some phone plans will give you additional data only sim card and only charge you the cost of the bandwidth (Google Fi does this). You can also get data only plans that are intended to used with Vending Machines and IoT devices (I guess a tracking device on the Internet is a IoT device).




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