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  • Google elaborates on the C Block auction, still happy with the results

    Filed under: Verizon Wireless If it wasn't clear going into the auction, it's pretty much obvious now that the dust has settled: Google wasn't in the 700MHz Block C auction to win it -- though it was certainly ready to pony up the cash in the event of a win. It was conjectured that Google was driving the bidding early on, in an effort to get hit that magical 4.6 billion reserve price that would require the winner to allow open access of devices and applications to the resulting network, and now Google has confirmed that it was pretty much a Google show in the early days of the auction. Apparently ten of the bidding rounds involved Google raising its own bid, "but it was clear, then and now, that Verizon Wireless ultimately was motivated to bid higher," reads the Google Public Policy Blog. It's worth noting that Google claims it would've nabbed the C Block license "at a price somewhat higher than the reserve price," but building out a network and becoming a major player in next-gen wireless internet would certainly be a large departure for the company, and we're sure there's a bit of relief over in Mountain View, CA at the moment. Read | Permalink | Email this | Linking Blogs | Comments
  • Bids In: Verizon and AT&T Big Winners

    The FCC ended bidding for the 700 megahertz spectrum yesterday. Verizon Communications and AT&T won the largest shares of the spectrum after 260 rounds of bidding. The FCC raised $19.12 billion from bidders. Verizon and AT&T won more than $16 billion worth of licenses, airwaves they plan to use to for voice, data services and [...]
  • AT&T, Verizon, and Google chime in on FCC auction aftermath

    Filed under: Features , Misc Win or lose, all the bidders wrapped up in the so-called Auction 73 for precious spectrum in the 700MHz band are still under tight FCC-imposed gag orders in an effort to stem any funny business, but it looks like they're at least ready to come out and dip their toes into the PR waters. Verizon, the biggest winner having claimed the big, wide Block C prize, says that it's "pleased with [its] auction results" (we should certainly hope so), that the new airwaves will help it maintain its "reputation as the nation's most reliable wireless network," and that they're now better positioned to lead the way with new services and devices. The megacarrier goes on to boast about the fact that its winning bids score it massive 298 million person footprint, plus another 171 million worth of licenses in different Blocks. Meanwhile, AT&T seems happy with its purchase, too -- but then again, it's not like any of these companies would be issuing immediate statements expressing buyer's remorse, we guess. The number one US carrier by subscribers reports that its newly acquired licenses, in combination with spectrum snatched from Aloha Partners earlier this year, now gives it 100 percent coverage in the 700MHz arena in the nation's top 200 markets, with "quality spectrum" (whatever that means) covering 95 percent of the American populace. For what it's worth, AT&T's Auction 73 purchases were in Block B, which has moderately less bandwidth than Verizon's Block C win -- but as they say, it's not the bandwidth of the spectrum, it's the motion of the frequencies, so we'll have to wait to see how these guys actually use these licenses before we rush to any conclusions. Finally, from its brief statement, Google appears to have gotten exactly what it wanted : nothing at all. The company says that Auction 73 "produced a major victory for American consumers" because Block...
  • Airwave Auction Ends, Winners Remain Unknown

    The U.S. government auction of wireless airwaves ended yesterday raising a record $19.59 billion, but winners of the valuable spectrum were not immediately identified. The winners of the hundreds of licenses are expected to be announced within days. Analysts believe Verizon Wireless is the most likely winner of a nationwide piece of the airwaves called [...]
  • 700 MHz Explained in 10 Steps

    Last week we reported on the web giants Google, Yahoo and eBay setting aside their differences and joining forces with satellite television providers, demanding that they should have some say in what the FCC does with the 700 MHz spectrum. The spectrum...
  • Web Giants Team Up for Wireless Spectrum Auctions

    Scoop < p>Google, Yahoo, and eBay may not see eye to eye with each other, but when it comes to broadband access, they all agree that the future is too much in control of the incumbents who can squeeze them dry. < p>It is one of the reasons the...
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