Google to Bid on 700 MHz

Google press release:

"We believe it's important to put our money where our principles are," said Eric Schmidt, Chairman and CEO, Google. "Consumers deserve more competition and innovation than they have in today's wireless world. No matter which bidder ultimately prevails, the real winners of this auction are American consumers who likely will see more choices than ever before in how they access the Internet."

Exactly what kind of effect adding this spectrum to world of broadband will have on the iPhone is unclear. It is possible that AT&T could end up with some of the spectrum, but then Apple would have to add hardware to a future version of the iPhone for it to access it. Seeing the iPhone access the 700 mhz spectrum anytime time soon, say withing two years, is extremely unlikely, as Apple usually waits for technology to mature before making it part of their portfolio.