Apple and Google Are Telecom's Newest Stars

In looking back at 2007, CNet views the smash entrance of Google and Apple onto the telecom scene as a major formative factor for 2008's tech scene. Google in particular is going to be a huge factor in the much-anticipated wireless auction. "Google was instrumental in getting the FCC to adopt auction rules that would ultimately give consumers more choice in the devices they use on these new networks. And in November, Google CEO Eric Schmidt committed the company to bidding in the auction, promising to spend at least $4.6 billion on licenses. Exactly what Google plans to do with the spectrum if it wins licenses is still unknown. But its participation raises the stakes, especially for traditional telephony players."

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[Source: Slashdot: Apple]