Walmart to offer cut-rate mobile phone service

Filed under: Products and services, Launches, Wal-Mart (WMT)

The wireless mobile phone service is a highly lucrative business. Now the competition is heating up with the expansion of service from Wal-Mart Stores Inc. (NYSE: WMT) service.

Walmart will offer prepaid mobile phone service for $30 for 1,000 minutes and $45 for unlimited calling. Walmart will expand service to 3,200 stores from 234. Response to the initial launch was "overwhelming," said Walmart.

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Walmart to offer cut-rate mobile phone service originally appeared on BloggingStocks on Sat, 17 Oct 2009 13:40:00 EST. Please see our terms for use of feeds.

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