
Google to Make $4.6 Billion USD Bid for Piece of 700MHz Spectrum
Category: Mobile Date: November 17th, 2007Not even two weeks after the introduction of their Android operating system, and offers of $10 million USD in bounties for software, it seems that the Californian colossus is preparing a bid of $4.6 billion USD or more for a piece of the soon-to-be-free 700MHz wireless spectrum — and what’s more, they’re apparently planning on making this bid on their own.
According to the Wall Street Journal, Google is working at a frantic pace to ensure that they will be prepared to declare their intent to bid on the 700MHz wireless spectrum to be put up for auction by the FCC in January 2008. Google’s interest lies primarily in the open-access “C block” of the spectrum, a highly coveted section that could be enough to garner them a potential share in some of the $95 billion USD in revenue generated by US wireless carriers in 2007.
According to inside sources, Android-powered handsets are already running on a 700MHz network (granted under a temporary FCC lice…(continue).