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Verizon Wireless wins large chunk of 700MHz spectrum

By John | March 21, 2008

 Verizon Wireless wins large chunk of 700MHz spectrum

Looks like Verizon has won the coveted $4.7 billion bid for the C block in the recent FCC auction of the 700Mhz spectrum. Google also is a big winner in that they gave the FCC an insurance package that would guarantee a $4.6 billion reserve price if the government insured the spectrum would stay open.  Google wins in this case because they got what they wanted and they didn’t have to pay $4.7 billion for it.

  

Topics: 700mhz, google, verizon | No Comments »

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