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Wireless for the Masses?

WASHINGTON — The government announced on Tuesday that it had closed the most lucrative government auction in history as wireless companies bid more than $19 billion for the rights to radio spectrum licenses.

In the coming days, the Federal Communications Commission is expected to publish a list of the winning companies. The major participants included AT&T, Verizon and Google, although many experts said they did not expect Google would bid much more than the minimum reserve price of $4 billion for one of the more attractive groups of licenses.

Read the entire story: Wireless Spectrum Auction Raises $19 Billion

This could be good news for everyone.

Jim

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