Google New Mobile Service Provider

The company announced it will be introducing its cellphone service globally and will allow competitors to adopt certain aspects in the interest of innovation.

Google is expected to pay Sprint and T-Mobile just $2 per gigabyte, according to Macquarie Securities analyst Kevin Smithen. That means Google could choose to provide super-cheap service that gives Verizon (VZ, Tech30) and AT&T (T, Tech30) something to worry about.