Google Introduces Fiber Phone: Here's What We Know So Far

Shares of Alphabet Inc GOOG were trading higher by nearly 1.5 percent mid-Tuesday afternoon after the company's Google division detailed its new Fiber Phone, a new home phone service.

Google's new Fiber Phone offers users unlimited local and nationwide calling for $10 a month. Users can keep their old phone number and offers many advancements versus traditional landline services such as the ability to access a phone on a smartphone, tablet or computer device. Fiber Phone can also transfer phone calls to a smartphone when the user is not at home.

Fiber Phone will be initially introduced in the few areas and will begin rolling out Fiber Phone as an option to its residential customers in its Fiber cities.