Google May Bid in Spectrum Auction

Web search leader Google said Friday that it would participate in an upcoming wireless spectrum auction if the U.S. Federal Communications Commission added a key condition.

The company said Google would meet FCC chairman Kevin Martin's minimum bid requirement of $4.6 billion if the spectrum winner the auction were also required to offer services on a wholesale basis to third parties.

Google's move comes after Martin floated a plan last week for spectrum conditions that did not include the wholesale requirement. This had disappointed Google, which said the government should go further in promoting competition.

Google said it was also looking for the FCC to require the winner of the spectrum to support any wireless device, downloads of any software or application.



Contact U.S. News


    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video

  • Former Federal Reserve Governor Randy Kroszner, and CNBC's Steve Liesman, discuss if today's GDP data will lead to the Fed adopting a faster exit policy and its focus on slack in the labor force.

  • Discussing today's GDP data and Fed policy, with Hank Smith, Haverford Investments; Jack Bouroudjian, Index Financial Partners; Anthony Chan, Chase; and CNBC's Rick Santelli.

  • The Federal Reserve is staying the course on bond tapering. CNBC's Steve Liesman discusses what the Fed may do moving forward considering today's strong GDP data.