Google’s Schmidt: Clearwire investment good for business, policy

In our previous analysis of Google’s participation in the Clearwire funding deal, we surmised it made sense both from a business standpoint as well as a public policy standpoint. In the first public comments about Clearwire we’ve seen from him since the deal was announced on May 7, Google CEO Eric Schmidt tells the German publication FAZ that the search giant’s half-billion dollar commitment “is a good business and it also supports the principles of openness.”

For more of the Q&A, which also touches on mobile advertising, here’s the link.

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