Google was among a list of 266 potential bidders for newly available spectrum that will come up for auction in January.
The list, released by the US Federal Communications Commission, included 170 potential bidders that have incomplete applications. They include the top two wireless carriers in the country, AT&T and Verizon Wireless, as well as wireless silicon maker Qualcomm. These companies will have until January 4 to resubmit a corrected application, as well as their upfront bids.
Google’s application, submitted under the name Google Airwaves, was deemed complete and has been accepted by the FCC.
The search giant previously pledged at least $4.6bn to bid for the C block of the airwaves, which will be open to any type of wireless device and application. However, the FCC did not disclose any information on how much any of the potential bidders will be required to submit as upfront payments on January 4. These payments are required in order for the companies to qualify as bidders in the auction, which is scheduled to begin on January 24.
The 700 MHz spectrum is up for auction because it is being vacated by television stations that are switching to digital broadcasting. It is expected to raise between $15bn to $30bn for the federal government.