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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: quidditch who wrote (5865)1/29/2000 5:54:00 AM
From: Webster  Read Replies (4) of 13582
 
QCOM's request for their pioneer license..very very interesting. Comments would be appreciated.
Thanks
Web.

QUALCOMM SEEKS UHF 60-69 LICENSE
FOR `PIONEER's PREFERENCE' GRANT

QUALCOMM, Inc., has asked the FCC to award it a broadband
wireless license covering the Southeast from spectrum now used
for UHF broadcast TV channels 60-69. QUALCOMM asked for the
spectrum license to satisfy the agency's obligation to award the
company a "pioneer's preference," as directed by the U.S. Court
of Appeals for the District of Columbia Circuit.

The appeals court held last July that the FCC improperly denied
QUALCOMM's request for a licensing pioneer's preference as a
reward for QUALCOMM's development work on CDMA (code-division
multiple-access) technology (TR, July 26, 1999). FCC officials
weren't available this afternoon to comment on the QUALCOMM
request, which came in the form of a "petition for declaratory
ruling" in Wireless Telecommunications docket 99-168.

In the petition, QUALCOMM recounted its seven-year quest for a
pioneer's preference, which involved two trips to the appeals
court to overturn FCC denials of a license grant. The defunct
pioneer's preference program was established to spur development
and deployment of advanced telecom systems by issuing spectrum
licenses in return for innovative technology investments.

The appeals court last July ordered the Commission "forthwith to
grant a pioneer's preference to QUALCOMM and to take prompt
action to identify suitable spectrum and award QUALCOMM the
license for it." Now QUALCOMM is seeking the "D" block economic
area grouping (EAG) 3 license in the upcoming 700 megahertz
auction that will be held to assign spectrum now devoted to UHF
channels 60-69. That license covers the 752-762 MHz and 782-792
MHz bands.
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