Verizon: Google Auction Plan Will Discourage Bidders

VERIZON: GOOGLE AUCTION PLAN WILL DISCOURAGE BIDDERS
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Verizon is urging the FCC not to adopt Google's suggested terms for rules on reclaimed analog TV spectrum to be auctioned for advanced wireless services by early 2008, saying it could reduce the auction's take by billions. “Google’s filing attempts to turn this carefully considered plan on its head," said Verizon executive VP, public affairs and former congressman Tom Tauke. "As it stands now, Google is free to participate in the auction like all other companies and implement its business plan if it is successful in winning spectrum. However, Google’s filing urges the FCC to adopt rules that force all bidders to implement Google’s business plan ­ which would reduce the incentives for other players to bid....The bottom line is this: without Google’s rules, the government will get literally billions more for this valuable spectrum, and the taxpayers will be the winners," he said.
http://www.broadcastingcable.com/article/CA6462472.html?rssid=193

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