Google Pledging to Bid $4.6bn to Open Spectrum
csuftech writes "According to an article posted on vnunet, Google is pledging to bid at least $4.6bn for the FCC's upcoming auction of the 700MHz spectrum. However, Google would only be willing to pay said amount if the FCC agreed to a few conditions, namely, 'the wireless spectrum would allow consumers to download and use any software apps and content they want; allow handhelds to be used with any carrier; enable resellers to acquire wireless services at wholesale costs; and mandate that third parties such as ISPs interconnect at any point on the 700 megahertz band.' All this was disclosed in a letter [PDF] to FCC president Kevin Martin written by Google CEO Eric Schmidt."
I do appreciate them fucking up the corporate status quo. This debacle is getting very interesting.
Ebay cancels auction due to a DMCA takedown notice. AT&T already owns the patent on monopolistic intervention.
Seriously though the Google proposal is the only one that actually creates a level playing field for any concerned service providers. The problem the other companies have is that it allows for other companies to compete with them instead of granting them government approved monopolies. I hope the FCC wakes up and sees Google's proposal for what it is a sensible solution for all parties concerned and a win win for commerce/citizens. If a government granted monopoly is granted and the tax payers get 6 billion for it up front but in the long run have less productivity in the area concerned and the space is utilized to the fullest then that 6 billion isn't worth squat. This would just be another non forward looking proposal by a government body that is incapable of planning for tomorrow let alone 5 years from now.