Skip to main content

Google still interested in wireless bidding?

The FCC has announced their decision on the rules governing the auction of a segment of wireless spectrum.

The "open access" provision favored by Google and other advocates of opening the airways was approved. This should allow more participants in the wireless space including software and handset providers.

The FCC was split on the other major provision and as a result, we will not see the winners of the auction required to provide access to their networks on a wholesale basis.

What will Google do now? Their official reaction is that they will study the rules before deciding whether to continue with their plans to bid.

In my opinion, they should save their money. The success of the "open access" provision ensures that Google's software and services will be available to users. This is a win for Google, who has already stated that the mobile market will be a focus for the company. Unless they are determined to create a "gPhone" and/or sell wireless services (and these are probably among the less likely scenarios) the failure of seeing the wholesale access provision approved will not really have much of an impact on Google.

In the meantime, Google's public statements on opening up the wireless industry has earned it some good press with consumers and consumer groups. And if their involvement helped the FCC obtain sufficient consensus to approve the "open access" provision, it was well worth it.

Disclosure: this author owns no shares in Google.

Comments

Popular posts from this blog

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation

Trade Radar gets another update

Some of our data sources changed again and it impacted our ability to load fundamental/financial data. In response, we are rolling out a new version of the software: 7.1.24 The data sourcing issues are fixed and some dead links in the Chart menu were removed. So whether you are a registered user or someone engaged in the free trial, head over to our update page and download the latest version. The update page is here:   https://tradingstockalerts.com/software/downloadpatch Contact us if you have questions or identify any new issues.

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position. This first post in the series starts at the beginning: getting good investment ideas. Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets. As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street professional