Wednesday, November 28, 2007

Google Confirms Plans to Bid in FCC Spectrum Auction

Google confirmed its intention to participate in the FCC's upcoming auction of wireless spectrum in the 700 megahertz (MHz) band, which begins on January 24, 2008. Google will bid for the spectrum on its own rather than seek partners.

"We believe it's important to put our money where our principles are," said Eric Schmidt, Chairman and CEO, Google. "Consumers deserve more competition and innovation than they have in today's wireless world. No matter which bidder ultimately prevails, the real winners of this auction are American consumers who likely will see more choices than ever before in how they access the Internet."