rtmark
LearnBonds.com

Google Inc (GOOG) Is Creating An End To Roaming Charges

Google pixel 2

Google Inc (NASDAQ:GOOG) is in the process of creating a global network of mobile service that will allow Americans to use their phone at no extra cost while travelling. Telegraph U.K reports that the giant social network is currently engaged in talks with Hutchison Whampoa with a view of signing a wholesale access agreement that would have a shakeup impact on the US mobile market.

Google

No Additional Costs

The search giant is looking to create a global network that will allow American’s travelling abroad not to incur any additional cost on calls texts and data. Linking with Hutchison is part of a larger plan to bring the mobile service to the UK, Ireland Italy among many more countries from where the service provider operates from. Google Inc (NASDAQ:GOOG) is believed to have gone with Hutchison because the service provider has been vocal against roaming charges.

Google Inc (NASDAQ:GOOG) is also in the process of launching a mobile network that will rely on mobile masts and infrastructure built by other wireless companies both at home and abroad. Industry analysts expect the company to use this project to pressure pricing by major mobile operators. The search giant may also use the project to encourage operators to invest in new technology aimed at improving mobile connection via Wi-Fi networks.

Google Fiber

Google Fiber is another project that is coming up pretty well, allowing the company to expand fiber networks to cities that have lagged behind in terms of internet infrastructure. However, sources say that Google Inc (NASDAQ:GOOG) is not in the process of launching a mobile network in Europe as competition there is relatively stiff and authorities are already set to crack on roaming charges.

Google Inc (NASDAQ:GOOG) entering the telecom space in Europe should be feared by other companies operating in the region as this may end up attracting Apple Inc. (NASDAQ:AAPL) into the wireless space. Apple is believed to be trying to do away with Sim cards replacing them with software that would allow users to select the best network based on prices, a move that should weaken relationships between mobile operators and customers.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission

Rating

64 traders signed up today

Visit Now

75% of investors lose money when trading CFDs.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

Rating

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Avatar

Viraj loves to write and express his views on anything related to Finance, Crypto, or Fintech. He has been covering Finance & Crypto for more than five years now. He likes Tesla. He also writes on Healthcare, and Technology among other stuff.