A recent report announced that Verizon Communications and Google are closing in on a partnership which will enable the broadband and telecommunications company to use the search giant’s services on its wireless unit. The two have been going back and forth about a possible alliance for almost a year now, and considering the fact that the implementation process will also demand a certain period of time, a conclusion should be reached soon.

Verizon is one of the country’s most popular telecommunications companies, providing several services, including voice, voicemail, video and data, and a new add-on to its list would only make its customers happy and also attract new business.

The upcoming deal was reported by the Wall Street Journal and even though the details are unknown at this point, it seems that Google will share revenue from the service. A highly debated issue is whether the company will be allowed to keep the information about the users’ searches.

The constant evolution of technology enables new companies to venture into the industry, offering new and exciting features. These collaborations on one hand provide users with useful applications and on the other hand represent a major financial gain for the providers.

A similar move has already been done by rival company Yahoo, which signed several such mobile phone software deals with mobile operators, including the largest U.S. mobile phone company AT&T.

Neither Google nor Verizon are currently available for comments, so until an official statement will be released the news will keep its ‘rumor’ status.