Wal-Mart to sell G1 for $30 less than T-Mobile USA
NEW YORK (Reuters) - Wal-Mart Stores Inc (WMT.N) plans to sell the G1 cell phone, powered by Google Inc (GOOG.O), for about $30 less than T-Mobile USA, the exclusive U.S. carrier for the device.
Wal-Mart said it would start selling the touch-screen phone for $148.88 on Wednesday October 29 in about 550 stores for consumers who sign up for a two-year T-Mobile USA contract, and as more phones become available it will expand further.
T-Mobile USA, the No. 4 U.S. mobile service, last week kicked off sales of the device, which is made by HTC Corp (2498.TW), for $179.
Wal-Mart spokeswoman Melissa O'Brien said on Tuesday that the company wanted to offer its customers the "products they want at the very best value."
A spokesman for T-Mobile USA, a unit of Deutsche Telekom AG (DTEGn.DE). was not immediately available for comment.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.