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.
Broadcom Ups Its Bid for Qualcomm
Broadcom today made a second offer to acquire rival Qualcomm. Last year, the company offered $70 per share of Qualcomm's stock.
Qualcomm Rejects Broadcom's Attempt to Replace Board
Qualcomm today said it won't entertain the idea of replacing its board of directors with substitutes nominated by Broadcom. Earlier this month, Broadcom nominated 11 people to Qualcomm's board of directors.
YouTube TV Expands to More Markets
YouTube TV will soon be available to millions more people around the U.S. thanks to a significant expansion of the service.
Intel, Samsung Pile On Qualcomm By Supporting FTC Lawsuit
Intel and Samsung support the Federal Trade Commission's antitrust investigation against Qualcomm and have filed amicus briefs to air their own complaints. The FTC hit Qualcomm with legal action in January and suggested that the company's patent licensing practices may violate monopoly regulations.
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