The New York Times is reporting that the auction for the C-block of wireless spectrum (Read: the Google part)
has may have been won by someone… but we don’t know who. Oh, the suspense!
All we know is that someone bid $4,713,823,000 and
won. may have won.
Says the New York Times:
One thing is certain: because the C Block hit the $4.6 billion reserve price set by the Federal Communications Commission, certain rules will apply that will require the winning company to open its network to devices from competing companies.
UPDATE: The NYT says it was wrong about there being a winner. Other companies can technically still bid, yadda, yadda. Oh well, we’re still happy about the reserve price being met. We’re all winners. The Times says:
This post was wrong in saying that rules prohibit anyone from bidding higher than $4.7 billion for the C block. There are some rather complex ways that another company could in fact raise the bid in coming days. I’ll write a post explaining this later.