Google can bid in wireless auction: regulators
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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.
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NEW YORK/SAN FRANCISCO  - Google Inc. appeared set  to start trading on Nasdaq on Wednesday, after the Web's No. 1  search engine asked regulators on Monday for final approval to  price its closely watched initial public offering.
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AT&amp;T hasn&#39;t decided whether it will bid for the highly desirable 700MHz band because it doesn&#39;t know if it can build a profitable business, given the open-access rules set for the wireless spectrum by the U.S. Federal Communications Commission in July.Calling the rules &quot;interesting,&quot; AT&amp;T&#39;s CEO Randall Stephenson said the company is hard at work crunching numbers and analyzing business scenarios, but hasn&#39;t reached a conclusion yet.&quot;Is there a business model there? I&#39;m not sure if there is or not,&quot; he said Friday at the&#160;Web 2.0 Summit, where he answered questions from conference chair John Battelle and from audience members.The FCC conditions, which include&#160;open-access rules on a third of the spectrum, have been a major source of controversy.The winner of 22MHz of spectrum must allow any wireless devices to connect to the network, permitting wireless telephone customers to use handset devices from other carriers. The winning bidder also can&#39;t block or slow down wireless and Web content from competitors.Some telecom carriers wanted no conditions, while some consumer advocacy groups and Google wanted the FCC to require that winning bidders also resell the spectrum at wholesale rates to competitors, something the FCC didn&#39;t adopt.The FCC is scheduled to auction 62MHz of spectrum in the 700MHz band beginning in January. The spectrum is ideal for long-range wireless telephone and broadband services, with signals that travel up to four times farther than in higher spectrum bands.&quot;It&#39;s a huge opportunity. It&#39;s beachfront property. When it comes to buying spectrum, it&#39;s the best you&#39;re going to find for a long time,&quot; Stephenson said.Data consumption on wireless networks is growing fourfold year over year, so a company&#160;such as&#160;AT&amp;T needs to bulk up on spectrum to keep up with the demand, he said.&quot;It&#39;s very obvious we&#39;re going to have to add to our spectrum holdings,&quot; he said.That&#39;s why AT&amp;T earlier this month reached an agreement to&#160;buy 12MHz of high-speed wireless spectrum&#160;in the 700MHz band from Aloha Partners for $2.5 billion.&quot;It&#39;s the first time, I think, that we&#39;ve ever paid $2.5 billion for a company that had no revenue,&quot; Stephenson said.The Aloha spectrum covers 196 million U.S. residents, including 72 of the 100 largest markets in the United States.In other matters, Stephenson said he was very satisfied with the&#160;iPhone deal between his company and Apple.&quot;I&#39;m not sure I could have asked for much more out of it than what we got,&quot; he said.Asked to comment on the decision to use the slower EDGE network for the iPhone, Stephenson said it was a request from Apple CEO Steve Jobs.&quot;He wanted a broad ubiquitous data network. The EDGE network is the only data network that covers the entire United States,&quot; he said. The situation will improve as AT&amp;T upgrades markets to 3G, he said.Stephenson acknowledged that AT&amp;T&#39;s directory assistance business is being challenged by ad-supported options from Internet companies&#160;such as&#160;Google.&quot;We better get our advertising-supported [directory assistance] model up fast,&quot; he said, adding that AT&amp;T is building such a service internally.On a lighter note, he said he&#39;s &quot;envious&quot; of Google and the success it has had with its business model. &quot;It&#39;s a great gig if you can get it,&quot; he said.(Grant Gross in Washington, D.C. contributed with this story.)
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(InfoWorld) - Wireless carriers planning to offer next-generation wireless services have bid $13.9 billion in a spectrum license auction that ended Monday, the U.S. Federal Communications Commission (FCC) said. The FCC sold 1,087 of 1,122 available licenses to 104 companies in its first auction of so-called advanced wireless service spectrum, often called third-generation or 3G wireless. The licenses can be used to offer several services, including voice, data and video, the FCC said. The bidders with the fiveÂ highest winning bidsÂ were T-Mobile License, Verizon Wireless, SpectrumCo, MetroPCS, and Cingular, the FCC said. The unsold licenses remain held by the FCC and will be made available again in a future auction. FCC Chairman Kevin Martin, in a statement, called the auction "the biggest most, successful auction" in FCC history. It was the largest auction of wireless broadband in a single FCC auction, Martin said. "Although we cannot envision our lives without access to the Internet, I believe we are only beginning to imagine the way mobile broadband networks will impact our lives -- changing the business and entertainment possibilities available to consumers," Martin added. The auction made available "raw material" needed for next-generation wireless broadband, said Jeff Kagan, an independent telecom analyst. "The remaining question is, what will these companies do with this spectrum?" he said in an e-mail. "What new services or new competitors will we see using this spectrum? We will have to stay tuned to see what hatches from this auction."
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A Google Inc.  executive said on Tuesday that the company had heard the chairman of the U.S. Federal Communications Commission will propose the winner of a coming auction of valuable wireless airwaves be required to provide an "open platform" to consumers and rivals.
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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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Investor's Business Daily - It's close but no cigar for Google in the Federal Communications Commission's much-anticipated auction of public airwaves, a process that could enable a new wave of wireless devices and services.
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A venture led by the Microsoft co-founder has applied to bid in an upcoming U.S. auction of wireless airwaves, along with Google, AT&T, Verizon Wireless, and Qualcomm.
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A venture led by the Microsoft co-founder has applied to bid in a U.S. auction of wireless airwaves, along with Google, AT&T, Verizon Wireless and Qualcomm.
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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 U.S.
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A bidder on Thursday offered $4.71  billion for a key slice of wireless airwaves being sold by the  government, triggering a condition that the spectrum be  accessible to any device or software application.
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Google Inc. CEO Eric Schmidt signaled in a letter to the Federal Communications Commission that the company intends to bid  $4.6 billion for a portion of the 700 MHz spectrum band in an upcoming auction, assuming the FCC adopts rules that require open devices, applications, wholesale services and network access.
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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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Several wireless firms are challenging different parts of the spectrum auction rules.
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WASHINGTON/NEW YORK  - Google Inc  said on  Friday it would take part in a major auction of wireless  spectrum airwaves, meeting a minimum required bid of $4.6  billion, if U.S. regulators added a sale condition that Google  said would promote an open wireless market.
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Will it be Google? Or Verizon? Yes, the 700-MHz auction has finally arrived. But we're still waiting for the big money bets.â¦
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More than 200 companies qualified to bid in the upcoming auction of public airwaves that could raise as much as $15 billion for the U.S. Treasury. But it's not clear whether any of those companies will fulfill one of the key goals of the auction -- to attract a bidder that would build a wireless...