Google Project Fi Wireless Service Undercuts Phone Plans – Wall Street Journal

Cellphone users, Google Inc. is calling.

The Internet giant launched a wireless service across much of the U.S. on Wednesday with terms that challenge many of the lucrative practices that underpin an industry dominated by AT&T Inc., Verizon Communications Inc., T-Mobile US Inc. and Sprint Corp.

Google said its new service, called Project Fi, will cost $20 a month for talk and texts, including Wi-Fi hookups and…