Google allegedly close to launching its own wireless service using Sprint and T-Mobile

Apparently, Google is working on its own wireless service for phones that would piggyback on the networks of T-Mobile and Sprint.

By purchasing bandwidth from two of the big four national carriers instead of building its own wireless network, Google would be launching what's known as a Mobile Virtual Network Operator; other big MVNOs include Tracfone and Simple Mobile. The appeal is simple: by controlling the network, companies can better control the experience on the devices they sell and support. And by aggregating multiple carriers -- as Google's so-called Project Nova is rumored to do -- the company would be able to offer a larger coverage footprint.