Google Will “Probably” Bid For Wireless Spectrum in U.S.
By Rafat Ali - Tue 21 Aug 2007 09:36 PM PST
Still sitting on the fence, but not really, Google CEO Eric Schmidt told a conference of regulatory and industry leaders in Aspen today that his company would “probably” move ahead with plans to bid in the upcoming wireless spectrum auction. The company wanted to spend at least $4.6 billion on wireless spectrum if FCC would agree to certain conditions, but late last month, the FCC stopped short of setting ground rules sought by Google that would require winning bidders in auctions for 700 megahertz radio spectrum to resell access to rivals at wholesale rates.
Posted in: Companies, Google, Legal, Regulatory
