Google Ready To Bid Billions For Airwaves

Associated Press:

Google Inc. on Friday said it will bid at least $4.6 billion for wireless airwaves being auctioned off by the federal government -- if certain conditions are met.

The Internet search company wants the Federal Communications Commission to mandate that any winners lease a certain portion of the airwaves to other companies seeking to offer high-speed Internet and other services.

Read the whole story: Associated Press