Amazon Could Offer Mobile Service With Prime Subscription

Closing Bell

Here's a story for you. Amazon reportedly wants to offer wireless cell phone service to prime members. Bloomberg news reporting, the tech and e commerce giant is in talks with wireless companies like Verizon T mobile and dish to offer lower cost or even free phone service for users who have a prime membership shares of these companies you see on your screen moving in different directions today dish up 16% T mobile is down 5% Amazon stock. Obviously outperforming. The report said Amazon would offer the plans for as little as $10 a month or less that stopped gaining 1.2%. An Amazon spokesperson appeared to downplay the report saying the company has no plans to add wireless as a benefit for prime members. At the moment, the company's foray into wireless would be a major shift as it eyes new roads for expansion, an additional benefit for prime members could also help attract new subscriptions for an important segment of Amazon's business. Prime users are its biggest customer with about 200 million of them worldwide.