Today, Google's popularity continues to grow. In 2007, the company surpassed Microsoft as the most visited site on the Web [source: Kopytoff]. The company's influence on the Web is undeniable. Practically every webmaster wants his or her site listed high on Google's search engine results pages (SERPs), because it almost always translates into more traffic on the corresponding Web site. Google has also acquired other Internet companies, ranging from blogging services to the video-sharing site YouTube. For a while, the company's search technology even powered rival companies' search engines -- Yahoo! relied on Google searches for nearly four years until developing its own search engine technologies in 2004 [sources:Google; Hu and Olsen].
Google's influence isn't limited to just the Web. In 2007, company executives announced their intention to enter the FCC's auction of the wireless spectrum in the 700 megahertz (MHz) band. That part of thewireless spectrum previously belonged to analog television broadcasters. Google representatives said the company entered the auction to foster competition within the wireless service industry. Google supported an open technology approach to wireless service in which consumers could use any device with any provider rather than face limited choices determined by the provider and its preferred vendors. In order to participate in the auction, Google had to prove it was ready to meet the reserve price for the spectrum: $4.6 billion. Ultimately, Google didn't win the auction. But the company still achieved its main goal -- Verizon, which won the bid, must follow the open technology approach Google wanted.