Analysts calling it in favor of... Verizon
Paul Miller|@futurepaul|February 6, 2008 9:53 AM
open," but they figured Google would bail on the auction at that point and hope someone else would come along to up the ante and foot the bill. From all indications, Verizon is that lucky bidder, but instead of bidding directly on the national C block, analysts believe it's been Verizon that's snapped up enough regional slices of spectrum to equal the bidding price of the C block. Under FCC rules, if regional bids outstrip the C block price, the block is divvied up and given to the respective bidders. While any proper Google fanboy would love to see the search giant get its hand on last-mile wireless spectrum and break the grasp of current service providers, it was also rather optimistic. Don't stop believing, bidding isn't over yet, but we're getting ready to hunker down for another couple decades of Verizon / AT&T rivalry.