Market Overview

Hi Fi: Google, Sprint And T-Mobile Partner To Launch Wireless Service

Hi Fi: Google, Sprint And T-Mobile Partner To Launch Wireless Service

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) has partnered with Sprint Corp (NYSE: S) and T-Mobile US Inc (NYSE: TMUS) to offer a new wireless service called Project Fi.

Shares of all three companies were up about 2 percent.

According to a post published on Google’s blog, the program intends to bring people and their devices closer. “As mobile devices continually improve how you connect to people and information, it's important that wireless connectivity and communication keep pace and be fast everywhere, easy to use, and accessible to everyone."

The post continues: “similar to our Nexus hardware program, Project Fi enables us to work in close partnership with leading carriers, hardware makers, and all of you to push the boundaries of what's possible. By designing across hardware, software and connectivity, we can more fully explore new ways for people to connect and communicate.”

Google highlights three main focus areas:

1) Helping customers get the highest-quality wireless connection everywhere.

2) Enabling fluent transitions among wireless and Wi-Fi networks, and easy communications across devices.

3) “Making the service experience as simple as possible.”

How It Works

There is a flat, one-time rate. Users pay $20 a month for the basic services, plus an extra $10 for every GB of cellular data used, either in the U.S. or overseas. Data is still fractioned, so if you use 1.5 GB, you will pay $15, and not $20).

For now, the service will only be accessible from Google’s Nexus 6 phone, but the company plans to expand coverage soon.

Posted-In: Nexus Project FiNews Movers Tech Best of Benzinga


Related Articles (GOOG + GOOGL)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Will The New DEA Head Align With Obama's Drug Reform Views?

Tekmira and Collaborators Publish Positive Preclinical Ebola Survival Data in Nature Journal