Yet Internet giant demands FCC meet open-access conditions
WASHINGTON (MarketWatch) - Internet-search engine Google Inc. on Friday said it's prepared to bid at least $4.6 billion for wireless licenses in an approaching federal auction if the U.S. government sets the rules to favor open access for all comers.
The Federal Communications Commission plans to sell valuable wireless licenses in the 700 megahertz range by early next year in an auction sure to raise billions of dollars. Big wireless-phone companies and other bidders want the spectrum to offer speedier mobile-Internet connections and other new services.
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