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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