There have been rumors that Google is going to bid to lose in the upcoming 700 MHz spectrum auction. The idea behind this theory is that Google only joined the auction to force increased open access and not really to gain control of the wireless industry. Analyst Jeff Lindsay recently explained that Google could benefit from bidding to win but predicts that the company will bid to lose anyway. www.dslreports.com

Posted: 01|20|08 at 1:14 pm. Filed under: US News.