Can Google and FreedomPop Free Americans From Wireless Carriers and ISPs?

Comcast (NASDAQ:CMCSA), Charter (NASDAQ:CHTR), Verizon (NYSE:VZ), AT&T (NYSE:T), and many more may have something to fear in the coming months and years as two movements on both sides of the country threaten to redefine the Internet and mobile carrier market.

Any number of factors could be putting traditional Internet service providers and mobile carriers at odds with their customers. Of course, things like poor service can turn away customers, but that’s usually on a case-by-case basis. But one recent Google (NASDAQ:GOOG) project and one privately-held service provider could be chipping away at way business is fundamentally conducted.

Your 1 Feature Stock Pick for February is hot off the press. Click here to discover it now!

Google actually has two things going on: Google Fiber and a free WiFi service in a New York neighborhood. Google Fiber is the company’s new, high-speed Internet service that stands to best all other public ISPs when it comes to bandwidth, and could do so at competitive prices. As for WiFi, Google has agreed to offer free, public WiFi for the Chelsea neighborhood of New York City, which could see a great deal of traffic from the area’s denizens.

These two projects may not be enough to deal significant damage to Comcast or Charter yet, but they certainly do threaten to best those services within the areas they are offered. Currently, Google Fiber has seen availability limited to the Kansas City area, though there are plans to expand…

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business