Wall Street Journal reported that Google will launch its wireless phone service on Wednesday, giving rise to a fierce pricing war, as the new service will require the customers only to pay for the data they use. According to the report, the new service will run on T-Mobile and Sprint networks and only work on a Nexus 6 smartphone for now.

According to IB Times, this news was announced for the first time at a wireless conference in Barcelona in March. Announcing the news, Google senior vice president Sundar Pichai explained that initially the latest wireless service would introduced only as a small experiment. There are reports that Google will only be charging for data used and this has been especially persuasive for business analysts. Several people have said that the strategy is similar to Google Fiber, the ultra-fast broadband Internet service, which is currently available to people only in select cities.

Meanwhile, talking to the WSJ, Rutberg & Company head of research Rajeev Chand recently said, "While Google may not be targeting huge numbers of subscribers, their entry into this market is very important, because it has the potential to disrupt the wireless industry in much the same way Google Fiber prompted changes in the cable and broadband industries."

According to rumors, the Google wireless service may be dubbed as Project Fi and it will make enable customers to route their data through WiFi. Earlier, it was expected that Google would unveil the new wireless phone service at its forthcoming I/O developer conference, scheduled for May 28 and 29.