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Submission Google Plans to Bid 4.6 Billion on 700MHz Band->

NickCatal writes: "The Wall Street Journal is reporting that Google plans to bid $4.6 Billion on the 700 MHz radio spectrum being auctioned off by the FCC. What is most interesting is that they are not planning on partnering with other companies to raise the cash, they are going to spend their own cash and possibly borrow some. With partners such as Sprint Nextel and T-Mobile in their 'Open Handset Alliance' is this a sign that they are willing to directly compete with the people they courted to join?"
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Google Plans to Bid 4.6 Billion on 700MHz Band

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Backed up the system lately?