There are many innovations in the rapidly evolving IoT & M2M world. And given IoTs wide range of missions, levels of quality & resilience--a key (but largely ignored) consideration is the path IoT data takes from its sensors to its productive use. This session seeks to illuminate the fast evolving picture of how sensors access the connectivity they need from private or public networks (that can be terrestrial or orbital) which channels data at different costs, and implies: a survey of data paths & network technology choices are key to the business model viability of narrowband use-cases, a dizzying array of business models supporting IoT applications & narrowband comms must be bounded & characterizedso investors can understand them & support them w/long-term funding. The current networks, missions, & value of IoT is still quickly evolving, and linkages between the edge network technology carrying IoT data, and the mainstream digital infrastructure technology that will aggregate it are too. Well assert that any network technology (& how it allows egress from narrowband networks) will always vary by business mode; which ties to competing Chipsets, Standards & transit costs.