The latest information we’re gathering this morning indicates that Verizon might be the company going around bidding up all the regional spectrum. If you recall from yesterday’s post, if the total amounts for the regional spectrum spots are higher than the nationwide block, it gets split up and given to the high bidders of each region.
It’s rumored that Google was the company who bid up the price just over the reserve of $4.6B and was poised to take it home. Are the Mountain View boys upset by this? We seriously doubt it. They’re more than happy that whoever walks away with it, has to open it up. Oh, and by the way… The auction is not over just yet. So hang in there.
See, we told you this would be fun!