Submitted by The Standard02.04.2008
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This prediction is closed and has been judged.
UPDATE: BusinessWeek reports Google has dropped out of the wireless auction. The community did not believe Google would win the auction, and the community was right. --The Industry Standard
The wireless auction for the 700 MHz spectrum that started earlier this week is rumored to be fiercely competed over by Google and Verizon.
The wireless auction for the 700 MHz spectrum that started earlier this week is rumored to be fiercely competed over by Google and Verizon.
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Prediction Statistics
| Betting Closes: | Feb 12 2008 | Current Consensus: | 20.59% | Total Bets: | 217 |
| Today's Change: | 0% | ||||
| Life Time High: | 52.50% | ||||
| Life Time Low: | 11.41% |
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No, they don't want the spectrum. They just want the Open Architecture provision to kick in above $4.6 billion.
So what happens when this closes and we don't have the identity of the winner yet?
The betting will close, but the prediction can't be judged until the actual winners of the auction are announced. The FCC hasn't set a firm end date for the auction, so it'll keep running until only one bidder remains. You can follow the progress at:
http://wireless.fcc.gov/auctions/default.htm?job=auction_summary&id=73
Seems like a good enough reason to me to get out of it. I don't want all of my play prediction money tied up until the FCC finally gets done.
So after it ends one can no longer cash out?
How can this be settled now while the bidders are still anonymous?
Because BW is guessing that Google didn't win?
That's rediculous.
More reports that Google has withdrawn:
http://www.marketingvox.com/archives/2008/02/15/google-passes-on-c-block...
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