Google Happy Loser in Wireless Spectrum Licenses

Google Happy Loser in Wireless Spectrum Licenses

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Nobody is a happier loser than Google when it lost the auction to win the highly coveted premium wireless spectrum to Verizon.

The premium wireless spectrum (C block) would have cost Google $4.7 billion, inadvertently thrusting the company into the wireless business and could have sent Google’s shares even lower.
Google promised to bid at least $4.6 [...]

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