Qualcomm Gives Up On UMB, Switches to LTE

posted Nov 13, 2008, 3:01 PM by Eric M. Zeman
updated Nov 13, 2008, 3:17 PM

Today Qualcomm announced that it is halting any further development of its CDMA-based ultra mobile broadband technology and will focus instead on Long Term Evolution. UMB would have been the foundation of the next generation of EV-DO-based high-speed wireless networks. The move comes after Qulacomm posted its quarterly earnings. Verizon Wireless, Alltel, AT&T and others have chosen LTE to be their next-generation networking technology, effectively giving Qualcomm no one to sell UMB to. Qualcomm CEO Paul Jacobs told investors that Qualcomm hopes to sell LTE chips to phone makers such as Nokia and Sony Ericsson. Qualcomm also hopes to expand its MediaFLO-based mobile TV service into other markets around the world, and connect more consumer electronics devices to the mobile Internet via its SnapDragon chips.

more info at Reuters / Yahoo News »

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