Report: Google gearing up for wireless spectrum bid
Company is prepared to bid on its own and is testing an advanced wireless network at its headquarters, news report says.
The company is also prepared to bid on its own without any partners, The Journal said, citing people familiar with the matter. The newspaper said Google is working out a plan to finance its bid--which could run to $4.6 billion or higher--that would rely on its own cash and possibly some borrowed money.
No one at Google was immediately available to comment.
Google is running a test version of an advanced wireless network at its Mountain View, Calif., headquarters, gaining operating experience that could come in handy if it wins the spectrum and decides to run a full-scale national mobile carrier, the newspaper said, citing people familiar with the matter.