Tuesday, January 29, 2008

Secret bidding for US airwaves tops $3.3bn -- Google ahead

"On Thursday, the US Federal Communications Commission took the first bids for the much ballyhooed 700-MHZ "C Block," a particularly juicy nationwide slice of the US airwaves, and four business days later, as the auction reaches its twelfth round, the bidding has topped $3.3bn." There's a 4.6bn reserve. Let's hope Google comes through on this one.

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