Qualcomm readying 4G Launch by year-end
US chipmaker Qualcomm aims to launch its fourth-generation (4G) technology-based broadband services by the end of the year. The company, which had won broadband spectrum a year ago in four circles, is also close to finalizing its strategic partner in the venture.
Kanwalinder Singh, President, Qualcomm India and South Asia, said that they had earlier announced a four-step strategy for our broadband venture - to invest in spectrum, accelerate the ecosystem, to introduce one or more operators as partners and eventually exit. They are at the third step and are in talks with operators. He, however, did not mention the operators which could pick stake in the Qualcomm venture.
Qualcomm is betting on the TDD-LTE (Time Division Duplex Long Term Evolution) technology for rolling our broadband services in Delhi, Mumbai, Haryana and Kerala. The company owns 74-per cent stake in the venture, while the balance is held jointly by Tulip Telecom GTL. The chip-maker's bid for the broadband spectrum in 2010 had taken many by surprise, but the move dealt a blow to companies which wanted to bring in WiMax technology, a rival to the LTE platform.
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