Google (Photo : news.softpedia.com)
Google (GOOGL) shares rise on March 2 at around 2.2 percent to $575.02 after the confirmation that the internet mogul is indeed planning to put up its own virtual mobile network soon. While at the Mobile World Congress (MWC) in Barcelona, Google disclosed that it is actually planning to get into selling wireless phone services to the United States market.
Google is now set to become a mobile virtual network operator, MVNO. An MVNO is an agreement where it enables the company to sell a wireless phone services under its own brand name even though it does not directly control the network. Words are out that Google has had an business deal with Sprint and T-Mobile.
The tech giant is going to re-sell its services on their networks. Both companies have not yet confirmed if the words are true. Google's virtual mobile services is called "Project Nova" and is expected to run under T-Mobile and Sprint, according to Zacks.
The company's Senior Vice President, Sundar Pichai, spoke at Mobile World Congress in Barcelona on Monday.
"You'll see us announce it in the coming months," said Pichai.
Pichai said that it is not going to be a full service wireless mobile network which will compete with the existing carriers, but rather it will give Google a system which will help them to experiment with the new services for Android smart phones.
"We've always tried to push the boundary of what's next in hardware and software, and we do that with the Nexus devices today," he said. "We want to be able to experiment along those lines," PC World reported.
No assurance of extending the wireless phone services outside the country as of today.
