Wally World To Sell T-Mobile G1 On The Cheap ($148.88)

Wal-Mart Stores, Inc. (NYSE:WMT) will be selling the T-Mobile G1 powered by Google Inc. (NASDAQ:GOOG) Android phones on the cheap.  Starting tomorrow, 550 Wal-Mart stores will be offering the phone at $148.88 with a 2 year agreement.

This move is a blow to Best Buy Co., Inc. (NYSE:BBY), who is selling the iPhone for $199-$299.  T-Mobile stores sell the phone for $31 more.  What will this do for Wal-Mart?  This will help them improve get a more tech-savvy demographic.  

This sucks for T-Mobile stores because they’ll lose customers as the deal news begins to spread.

[via EngadgetMobile]