The cable industry may have finally settled on a wireless strategy–Sprint’s. The Wall Street Journal reports that Comcast, Time Warner Cable and Bright House Networks are discussing a WiMax partnership with Sprint and Clearwire.
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After nine days of nail-biting excitement, the Federal Communications Commission’s auction of the 700 MHz spectrum is beginning to wind down.
The FCC instituted the auction’s “Stage Two Transition” this morning, requiring participants to bid more actively or withdraw. The move inspired hundreds of new bids, pushing the auction total to $19.02 billion. That said, [...]
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You wouldn’t know it to look at the headlines, but Microsoft’s hostile bid for Yahoo isn’t the only big news in tech this week. The Federal Communications Commission’s 700-MHz spectrum auction took an unexpected turn yesterday when a new bidder emerged for the the highly prized āCā block spectrum, which could be used to [...]
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The Federal Communications Commission’s highly anticipated 700-MHz spectrum auction kicked off last week, and after almost three days of bidding, the tally stands at just over $4.4 billion.
The hottest bidding action continues to be around the highly prized “C” block spectrum, which could be used to build a new national wireless broadband network. As of [...]
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The Federal Communications Commission’s “beachfront” spectrum auction in January will, for the most part, be a multibillion-dollar bidding war among the usual suspects. And one or two unusual ones as well.
Among the more than 260 applicants included on the bidder list released last night by the FCC (accepted applications; incomplete applications) are AT&T, Verizon Wireless, [...]
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With some $15.4 billion gathering dust in its bank accounts, Apple’s cash reserve is among the Fortune 500’s largest. Yet since 1999, it’s spent just $217 million to repurchase stock and it’s not yet declared a stock dividend.
What is the company planning to do with all that money? Certainly, CEO Steve Jobs must have an [...]
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Auction Action: Confirming the expected, Google announced today that it would indeed apply to bid for wireless spectrum in the Federal Communications Commission auction in January. … Facebook Gets a $60 Million Infusion… Hong Kong mogul Li Ka-shing has invested $60 million in Facebook. … Rise and Fall of Motorola Magnate: Ed Zander, CEO of the electronics manufacturer whose mojo with the Razr cellphone brought the company big gains, is resigning.
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Bad news for AT&T and any other incumbent telecom planning to participate in the 700 MHz spectrum auction in January, because it’s looking more and more like Google would rather “put up” than “shut up.” The company is preparing a bid of $4.6 billion for the open-access “C block” of the spectrum–and what’s more, it apparently intends to make the bid with its own cash and possibly some borrowed money.
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