"We believe it's important to put our money where our principles are," said Eric Schmidt, Chairman and CEO, Google. "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."

A Primer on the FCC's 700MHz Auction

- mark 12-04-2007 9:08 pm

C block hits $4.6 billion reserve, triggers open access:

Now that the reserve price has been reached, whichever company ends up winning that spectrum will be required to provide open network access to any device that is compatible with the network.