eldavojohn writes "Now that Verizon has beaten Google in the 'block C' spectrum auction, what are they going to do with it? Well, as of today they've revealed their plans for world domination: they plan to speed up wireless internet connections. It may come as no surprise that they'll also be making this available for other manufacturer's devices. AT&T plans to do the same with their auction winnings, 'AT&T was second to Verizon, winning $6 billion in spectrum licenses, which it also plans to use for high-speed Internet service. But its executives said they didn't bid for the portion subject to the open-access rules. The parts it did land cost AT&T nearly three times as much per unit of spectrum than the portion Verizon bought.'"