Google Can Bid in Wireless Auction
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Communications regulators have cleared Google to bid in an upcoming auction of coveted wireless airwaves, according to auction documents released by the F.C.C.
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If the FCC obeys its demands Google's riches are exceeded only by its cheek. When the Federal Communications Commission auctions off the coveted 700-MHz wireless spectrum, the search giant has said it will lay down a bid of $4.6bn - provided the auction is handled exactly the way Google wants it handled.â¦
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Google has signaled that its share auction is nearly complete, asking the Securities and Exchange Commission for approval to begin selling 25.7 million shares of stock starting late this afternoon.
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Google Inc. opened the auction for its much-anticipated initial public offering today, despite unresolved questions about whether it inadvertently violated securities laws.
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NEW YORK: The seldom used auction system that Web search giant Google Inc. used in its initial public offering was expected by some to change the way Wall Street does business, but almost three months later, there has not yet been another deal like it.
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The search giant said it was interested in a share of wireless spectrum being auctioned off by the federal government â if certain conditions are met.
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The auction for rights to a highly valuable swath of the nationâs airwaves will begin Thursday and is expected to include multibillion-dollar bids from the nationâs two biggest wireless phone companies.
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A venture led by Microsoft Corp   co-founder Paul Allen has applied to bid in an  upcoming U.S. auction of coveted wireless airwaves, according  to auction documents released late on Tuesday.
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Google's apparent promise to place a very high bid for a portion of the current UHF TV spectrum, if the US Federal Communications Commission follows through with a plan catalyzed by former Netscape chairman Jim Barksdale, has completely changed the game for wireless incumbents who weren't expecting stiff competition from a search engine company.
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Google Inc prepared to wrap up an extraordinary share auction, meaning a final price in the multi-billion-dollar listing will be announced within days.
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One day and two rounds into the long-awaited spectrum auction by the Federal Communications Commission, the highest bids total $2.78 billion, according to news reports. The auctioned frequencies could result in a new era for broadband wireless, unlocked handsets, and nationwide emergency communications.
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Bidding hit $6.1 billion in the federal governmentâs auction of wireless spectrum. Two bidders appear to be bidding for the most valuable national license.
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Within weeks, the U.S. Federal Communications Commission is expected to set conditions for the auction of the most valuable wireless spectrum still available in the United States.
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All the rumors about a Google phone may be just slightly off. Rather than sell a mobile handset, Google Inc. might instead offer wireless service.
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Carnegie Mellon professor and telecommunications expert David Farber explains what's at stake in the January 2008 FCC auction of spectrum in the 700-MHz band -- spectrum that Google has expressed interest in.
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Blog: Government officials are writing rules to determine how to use extremely valuable wireless spectrum that will be auctioned in September to the highest bidder.
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Communications regulators have  cleared Google Inc  to bid in an upcoming auction of  coveted wireless airwaves, according to auction documents  released by the Federal Communications Commission on Monday.