Google: We're happy with auction rules

During its recent Q3 conference call, Google co-founder Larry Page commented on the upcoming 700 MHz auction, which the company lobbied the FCC about for open access rules: "I think we've been actually quite happy with the openness provisions that have been put into the 700-megahertz auction, so I disagree with your assertion there," Page said. "I think we have many, many different options available to us as a company, in terms of spectrum and connectivity for people in wireless and so forth, so I don't think we feel like there's any desperate need for us to have to bid to win or anything like that. And again, the money is not burning a hole in our pockets."

For more on Google's Q3:
- check out this transcript of its analyst conference call

Related stories:
- Google outlines mobile strategy. Story
- Schmidt: Google will "probably" bid in 700 MHz. Story 
- Google in handset talks with operators. Story