Marbridge Daily

<- June 02, 2008 ->

China Telecom, Qualcomm Sign CDMA Deal

Datamonitor, 5/30/08

China Telecom (NYSE: CHA; 0728.HK) has announced a strategic tie-up with wireless telecommunications research firm Qualcomm to use the latter's CDMA technology in the mobile network it is acquiring from China Unicom (NYSE: CHU; 0762.HK; 600050.SH).

Post-restructuring, Qualcomm will get about 4% in licensing fees from patents it licenses in CDMA2000 and WCDMA. It will also get royalties from China Unicom for all 3G WCDMA phones it sells.

 

Keywords: mobile phone, royalty, 0728.HK, 0762.HK, 3G, 600050.SH, CDMA, CDMA2000, CHA, China Telecom, China Unicom, CHU, Qualcomm, restructuring, telecom, WCDMA, wireless

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