I've seen eBay auctions for balls of lint with more action than this 700 MHz sell off...
From day 1 Google slapped down the number 4.6 billion, and since then the FCC pretty much said that would be the reserve price on a piece of the C block. I wonder if Google had started off with a lower number, if there would be more competition. I suppose in the end if Google isn't bluffing about their bid, then more power to them.
Bradel, I didn't realize this was the case. Interesting find. I didn't read through all 300+ pages of the report, but i'm starting to get that bored at work that I might give it the old college try. Plus for you.
Reader Comments (Page 1 of 1)
Brodie @ Dec 5th 2007 1:39PM
I've seen eBay auctions for balls of lint with more action than this 700 MHz sell off...
From day 1 Google slapped down the number 4.6 billion, and since then the FCC pretty much said that would be the reserve price on a piece of the C block. I wonder if Google had started off with a lower number, if there would be more competition. I suppose in the end if Google isn't bluffing about their bid, then more power to them.
bradrel @ Dec 5th 2007 2:30PM
The $4.6 Billion is based on prior auctions, not Google's "bid".
http://fjallfoss.fcc.gov/edocs_public/attachmatch/FCC-07-132A1.pdf
Brodie @ Dec 5th 2007 2:46PM
Bradel, I didn't realize this was the case. Interesting find. I didn't read through all 300+ pages of the report, but i'm starting to get that bored at work that I might give it the old college try. Plus for you.