Google's $4.6bn wireless plan grounded |
Times Online - Aug 1, 2007 |
Google’s plans to bid for a portion of America’s airwaves were dealt a blow last night when the Federal Communications Commission refused to approve two of the internet company’s conditions.
Google had said that it would match the $4.6 billion (£2.3 billion) reserve price set for a 700MHz licence, which could be used to provide wireless broadband internet access across the US from 2009, if the eventual winner was forced to meet four “open access” conditions.
The Federal Communications Commission, the body setting the conditions for the auction, approved two of those terms, which will allow customers to use whatever device and software they want on about one third of the spectrum to be auctioned.
Read Full Article from Times Online
- Posted: 2007-08-01 10:23:42
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