Google said they would bid $4.6 billion for the 700 megahertz band wireless spectrum, if the FCC approved their proposal. Why? Google said they want to put their money where their “principles are,” by making a bid at “giving abundant access to this rich resource” on “a global scale.” More coverage at Techmeme.
Postscript from Greg: A larger context in which to see this is net neutrality. Google is clearly interested in expanding its mobile services and this undoubtedly reflects that ambition but it’s also a hedge against non-net neutrality. Google could potentially build out a broader wifi network for general Internet access, using the spectrum licenses, which Google currently provides in Mountain View, California.