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WASHINGTON (AP) - Google Inc. on Friday said it will bid at least $4.6 billion for wireless airwaves being auctioned off by the federal government if certain conditions are met.
The Internet search company wants the Federal Communications Commission to mandate that any winners lease a certain portion of the airwaves to other companies seeking to offer high-speed Internet and other services.
Such a provision, Google argues, will give consumers who traditionally get high-speed Internet, or broadband, access via cable or telephone lines a third option for service. The so-called wholesale provision presents a huge business opportunity for Google, analysts said.
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