This off Reuters.
NEW YORK, Sept 6 (Reuters) - Wireless chip developer Qualcomm Inc (QCOM.O: Quote, Profile, Research) does not expect significant revenue in 2007 from MediaFlo, its live television technology and service, its chief financial officer William Keitel said on Wednesday.
"Financially I wouldn't model significant revenues for 2007 from MediaFlo," Keitel said during the Webcast of an investor conference.
Starting next year, the No. 2 U.S. wireless service Verizon Wireless, a venture of Verizon Communications (VZ.N: Quote, Profile, Research) and Vodafone Group Plc (VOD.L: Quote, Profile, Research), plans to offer its consumers live TV services based on the MediaFlo network Qualcomm is building in the United States, Keitel said. |
