The software and technology giant Apple is reportedly considering building a wireless network of its own.
BusinessWeek has reported that the company is considering taking part in the government's upcoming auction of a segment of the wireless spectrum. If Apple did indeed build its own wireless network, it would no longer have to rely carriers such as AT&T to provide service for its wireless devices like the iPhone.
Giants such as Google and others are also likely to put in bids for the 700 MHz spectrum, which the Federal Communications Commission has dubbed "beachfront property". The minimum bid for the band will be 4.6 billion but the bidding is widely expected to go as high as $9 billion. However, a source at Apple told BusinessWeek that though the company is still considering the move, it is more likely that they will choose not to. Meanwhile, over the weekend Apple sold its millionth iPhone. Click here for information on other digital products and services.
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