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+ - Google Set to Bid $4.6 Billion for Airwaves

Nrbelex writes: The Associated Press (via the New York Times) is reporting that "Google said today that it would bid at least $4.6 billion on wireless airwaves being auctioned off by the federal government — if certain conditions are met. The Internet search company wants the Federal Communications Commission to mandate that any winners lease a certain portion of the airwaves to other companies seeking to offer high-speed Internet and other services. Such a provision, Google argues, will give consumers — who traditionally get high-speed Internet access via cable or telephone lines — a third option for service."

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