1 edit | ok If companies have this much money, how come they can't give some to their employees. | |
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 |  ropeguruPremium
join:2001-01-25
Mechanicsville, VA | Re: ok said by brianiscool:If companies have this much money, how come they can't give some to their employers. I think you mean employees. It IS the employers that are getting the money.  | |
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| Ahrenl
join:2004-10-26
North Andover, MA | It's not managements money to give, it's the shareholders.
Also most companies give most of their revenue's to their employee's. Cost of labor is generally the highest cost for any company. | |
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 gaforcesUnited We Stand, Divided We Fall
join:2002-04-07
Santa Cruz, CA | Bidding to lose So if they drive the price up, the people who have current spectrum will have a suddenly raised value of their past investment.
Some Sprint fans were boasting yesterday they already have 100Mhz in the US from east to west.
Given that, those making the earlier investments can undercut prices of whomever wins this auction, long as it's not them. | |
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 Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
USA
kudos:4 |  C Band spectrum almost up to minimum bid after Round 13
So by mid-afternoon, the C Band spectrum should be official, including the open access conditions. | |
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| Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
USA
kudos:4 | Re: C Band spectrum almost up to minimum bid after Round 13 Looks like the bidding on the C Band has stalled, with no bids in the last 3 rounds. That has left the bidding just short of the FCC required minimum.
I'm betting that Google didn't want to take that last step that would leave them leasing the spectrum and that they were waiting for Verizon Wireless(or whoever else was the only other bidder)to make the jump.
Sounds like a game of chicken between Google and whoever to see if Google will actually put its money where its mouth is and really bid to win.
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| | axus
join:2001-06-18
Washington, DC Reviews:
 ·Verizon Online DSL
| Re: C Band spectrum almost up to minimum bid after Round 13 I'm betting that Google pre-calculated the bidding pattern, and figured out the bidding plan so that they could get the spectrum for only $4.3 billion, or force it to go over the $4.6 billion reserve.
In other words, I think Google is the one with the (so far) winning $4.3 billion dollar bid, and just saved themselves 300 million dollars. | |
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| | | Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
USA
kudos:4 | Re: C Band spectrum almost up to minimum bid after Round 13 said by axus:I'm betting that Google pre-calculated the bidding pattern, and figured out the bidding plan so that they could get the spectrum for only $4.3 billion, or force it to go over the $4.6 billion reserve. In other words, I think Google is the one with the (so far) winning $4.3 billion dollar bid, and just saved themselves 300 million dollars. It has to go to $4.6 billion or NO ONE gets the spectrum. The FCC set that as the absolute minimum in order to be awarded the spectrum. So Google can't win with a $4.3 B bid.
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| | | | axus
join:2001-06-18
Washington, DC Reviews:
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1 edit | Re: C Band spectrum almost up to minimum bid after Round 13 Ohh I see, that's really a shame. I wonder how much of a premium the next buyer will pay to be rid of the open access requirements?
Edit: apparently not much, since it just hit reserve price. I'm guessing 3rd party, or a telco had to have a meeting overnight to determine how much of a premium. They must have figured out that it was still worth over 4.6 bil. | |
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| | | | | Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
USA
kudos:4 | Re: C Band spectrum almost up to minimum bid after Round 13 said by axus:Ohh I see, that's really a shame. I wonder how much of a premium the next buyer will pay to be rid of the open access requirements? The C block met the reserve price this morning. So there is now a buyer(unknown til the auction ends) for the spectrum with open access rules for cell devices.
»arstechnica.com/news.ars/post/20···ice.html
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 justbitsMore fiber than ATT can handlePremium
join:2003-01-08
Chicago, IL | Correction "yesterday's Spring/Clearwire/Google news"
s/Spring/Sprint/g | |
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| | 2009, the year of WiMax... When the inevitable headline "2009, The Year Of WiMax" comes out, it might possibly be true. But considering *Year of WiMax headline history*,I will leave my chickens uncounted until conception.  | |
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| | Sprint Layoffs With Sprint closing down stores and laying off employees. I really doubt it's them bidding. I have a feeling it's either Verizon Wireless or AT&T. | |
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| Romney2012Defeat Obama 2012-Chg we can believe inPremium
join:2002-03-03
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kudos:4 | Re: Sprint Layoffs said by openupshop:With Sprint closing down stores and laying off employees. I really doubt it's them bidding. I have a feeling it's either Verizon Wireless or AT&T. The word is that it is Google and Verizon Wireless, with Google dropping out as soon as the bidding passes $4.6 billion.
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| | | I was thinking more of an *implied* Google, Sprint, Clearwire trifecta of sorts, if it were to materialize by some feat of "magic". | |
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| | Wow ITS ALL ABOUT "GREED" | |
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