Google Confirms Intent To Bid for 700MHz Spectrum
narramissic writes "Today Google put an end to the 'will they or won't they' debate with the announcement that the company intends to join in the bidding for 700MHz wireless spectrum in late January. 'We believe it's important to put our money where our principles are,' Eric Schmidt, Google's chairman and CEO, said in a statement. 'Consumers deserve more competition and innovation than they have in today's wireless world. No matter which bidder ultimately prevails, the real winners of this auction are American consumers who likely will see more choices than ever before in how they access the Internet.'"
Corporations are fundamentally amoral, their only concern is to make a profit, ostensibly without breaking the laws of the countries they operate in. Once they are huge and dominant in their field, the need for continual growth means they have to begin looking at ways around traditional limitations, which is what often leads them into trouble.