Saturday, 24 January 2015

Google preparing to launch cellular service: Media

The news was first reported by tech-news publication
 The Information and corroborated by an article in the 
Wall Street Journal.
New York: Google is getting ready to sell wireless telephone 
services directly to US consumers after reaching deals with 
carriers T-Mobile and Sprint, US media reported Wednesday.
The move is likely to have big impacts on the US wireless 
industry, potentially resulting in price cuts and improved 
speeds.
The news was first reported by tech-news publication The 
Information and corroborated by an article in the Wall Street 
Journal.
Google officials have been working on the wireless project 
for more than a year, the Journal reported, citing an 
unnamed person familiar with the matter.
Google is already in a powerful position in the wireless world,
 with its Android operating system running on more than 80 
percent of the world’s mobile phones.
According to the Journal, Google will resell wireless service 
on the Sprint and T-Mobile networks under separate 
agreements with each provider.
The Journal said Google might start with limited service in 
select US cities or to users of its Google Fiber broadband 
Internet service.
US cellphone service is currently dominated by Verizon, 
AT&T, Sprint and T-Mobile.
Faced with dwindling margins, Sprint recently cut 2,000 jobs 
after reporting a $765 million loss in its fiscal second quarter.
Stock prices for Sprint and T-Mobile were up 5.53 per cent 
and 1.83 per cent respectively following news of the deals.

No comments:

Post a Comment