Monday May 15, 8:30 am Eastern Time
Company Press Release
SOURCE: Sprint
Sprint to Meet QUALCOMM's Core Company Communications Needs
CDMA Leader Looks to Sprint for Reliable Transport of Its Office Voice and Data Communications; Sprint to Provide QUALCOMM with Superior Service
DALLAS, May 15 /PRNewswire/ -- Sprint (NYSE: FON - news) today announced a 30- month, multi-million dollar agreement with QUALCOMM Incorporated (Nasdaq: QCOM - news), the pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology. The agreement calls for Sprint to provide a full suite of wireline voice and data services that will enhance QUALCOMM's connectivity among its domestic office locations, as well as those abroad.
``QUALCOMM has been a powerful catalyst in spawning wireless communications with its development of CDMA technology. Now, the industry is depending on them to continue to play a major role in the evolution of wireless technology,'' said Eric Tom, vice president, West Area Sales, Sprint Business. ``Sprint aims to support QUALCOMM with the most reliable and highest performing network services available, freeing up their time and resources for further development of leading-edge CDMA-based technologies.''
Among the services to be provided by Sprint are virtual private network for voice, private line, international access, audioconferencing, and domestic and global frame relay - a product mix tailored to meet the unique business needs of QUALCOMM today, and adapt to those of the future, as QUALCOMM's requirements evolve.
``Sprint understands our business objectives and is determined to keep them in sight. We expect them to be instrumental in improving our office communications and, in turn, improving our business efficiency,'' explained Norm Fjeldheim, chief information officer for QUALCOMM. ``We're looking to them to function as an essential ally in today's competitive marketplace.''
QUALCOMM selected Sprint for a number of reasons. Chief among those was the dependability and survivability of Sprint's state-of-the-art network, backed by the industry's leading service level agreements for frame relay. Customizable communications tools and a dedicated customer support team, further marked Sprint as the obvious choice to run the ``central nervous system'' of QUALCOMM's communications.
``Sprint is facilitating vital connectivity as QUALCOMM continues to shape the future of communications by creating next-generation wireless technology which will allow convergence of CDMA and the Internet,'' said Paget Alves, president, Sales and Sales Support, Sprint Business.
About QUALCOMM
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's business areas include integrated CDMA chipsets and system software; technology licensing; Eudora© email software for Windows© and Macintosh© computing platforms; satellite-based systems including portions of the Globalstar(TM) system and wireless fleet management systems, OmniTRACS© and OmniExpress(TM).
QUALCOMM owns patents that are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. QUALCOMM has licensed its essential CDMA patent portfolio to more than 75 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 index and is a 2000 FORTUNE 500© company traded on The Nasdaq Stock Market© under the ticker symbol QCOM.
About Sprint
Sprint is a global communications company - at the forefront of integrating long distance, local and wireless communication services, and a large carrier of Internet traffic. Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and is a leader in advanced data communications services. Sprint has $20 billion in annual revenues and serves more than 20 million business and residential customers.
For more information regarding QUALCOMM, visit their website at www.qualcomm.com
For more information regarding Sprint Business' Enabling Technologies visit the Sprint website at www.sprintbiz.com
SOURCE: Sprint |
