Qualcomm: Keep DTV Transition Date at Feb. 17
Qualcomm sent a letter to the House of Representatives and the Senate on January 19 asking that the DTV transition date remain scheduled for February 17. Qualcomm asked that if the date must be moved, that it be granted exceptions. It requested that nine TV stations spanning the Boston, Houston, Miami and San Francisco markets be forced to switch off, as it is planning a major expansion of its MediaFLO network in those markets as early as February 18. Qualcomm also said that it has a total of 15 markets ready to launch as soon as the airwaves in those 15 markets are clear, covering some 40 million additional people with the MediaFLO network. Qualcomm CEO Paul Jacobs said that the company has spent hundreds of millions of dollars preparing its MediaFLO network for expansion, and is ready to flip the switch on over 100 transmitters as soon as the spectrum is cleared by the TV stations. Qualcomm's partner, Verizon Communications, recently said it would accept a delay of the DTV transition granted the delay only last four months.
Qualcomm to Hold Onto Chip Biz for the Time Being
Qualcomm does not plan to sell off its mobile chip business, according to Executive Chairman Paul Jacobs. Investors have been putting pressure on Qualcomm to spin off the unit, which one called "worthless." Some would prefer that Qualcomm operate strictly as a patent-licensing business.
Qualcomm to Trim Headcount By 600
Qualcomm today indicated it is laying off about 600 people, or 2% of its global workforce of 31,300. The cuts are part of several measures the chip-maker is taking to reduce expenses by about $100 million.
Qualcomm's Next Target Is Unlicensed LTE Over 5GHz
Qualcomm today announced its initial foray with LTE into the unlicensed 5GHz band, spectrum that is normally reserved for WiFi networks. Qualcomm believes LTE-U, or LTE in unlicensed spectrum, could help carriers fill in blank spots with small cells.
After China Settlement, Korea Now Eyeing Qualcomm
South Korea's Fair Trade Commission is weighing whether or not to investigate Qualcomm's business practices. Regulators there believe Qualcomm may have abused its position as the largest chipmaker to charge higher royalty rates for its patents.
Crunch time for MediaFLO
Do they actually think the government cares???
What about all the people that have known about this for YEARS and all the money taxpayers have spent to pay for cards for the converter boxes. These people know, but there's no way we can hold them responsible. That would just be silly, at least under our nanny government.
Not Verizon Wireless