When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

Google gearing up to bid for Wireless Spectrum

Google Incorporated is getting ready to bid on a wireless spectrum in a Federal Communications Commission auction in January and is prepared to do so without any partners, according to people familiar with the situation. Google is working out a plan to finance its bid (which could run to $4.6 billion or higher) that would rely on its own cash and possibly some borrowed money. The search giant is currently running a test version of an advanced wireless network at its Mountain View, California headquarters, gaining operating experience that could come in handy if it wins the spectrum and decides to run a full-scale national mobile carrier. If the company goes through with the purchase, it would be more expensive than any acquisition that Google has previously paid for.

News source: Reuters

Report a problem with article
Next Article

Windows Live OneCare 2.0.2500.10

Previous Article

Dungeon Runners "Chunk #2" preview!

Join the conversation!

Login or Sign Up to read and post a comment.

2 Comments - Add comment