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Telecom & Wireless

A Google (GOOG) Phone Deal Monday Could Drive Sprint (S) Shares

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By Douglas A. McIntyre Published
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It now appears that Google (GOOG) will announced its new mobile phone product on Monday with its first US partners being T-Mobile and Sprint (S), according to Fortune.

“Any device Google brings would be a big positive for the entire wireless industry,” says Robert Laikin, CEO of wireless distribution company Brightpoint speaking to the business magazine. That change may not be welcome at the two largest cellular service providers, Verizon Wireless and AT&T (T). They rely on closed operating systems to control what software and services will run on their handsets.

The new Google mobile OS will have the company’s search, G-mail, maps, and YouTube services on it. But, it will allow developers to build their own applications for the phones, a sharp departure from the proprietary platforms that now rule the industry.

The deal with Sprint gives Google access to a customer base of over 50 million. And, it gives the No. 3 cellular provider a much needed product to help increase it moribund subscription growth.

A strong partner and a weak one. How novel.

Douglas A. McIntyre

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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