"SAN DIEGO - February 23, 2000 - QUALCOMM Incorporated (Nasdaq: QCOM) today announced that it has entered into a worldwide Code Division Multiple Access (CDMA) subscriber unit license agreement with Telson Information & Communications (I&C) Co., Ltd. of Seoul, Korea. Under the terms of the multi-million dollar, royalty-bearing agreement, QUALCOMM has granted Telson I&C a license under QUALCOMM's proprietary CDMA technology and patents to develop, manufacture and sell subscriber unit products for cdmaOne?, cdma2000? and High Data Rate (HDR) air interface technologies. The license also includes the rights to develop, manufacture and sell CDMA data modem cards for wireless data and voice applications."
Telson has a license to develop and MANUFACTURE CDMA1, CDMA2000, and HDR. Doesn't that include 1X? If it does, then hasn't NOK just signed on? In essence, NOK provides the specs to Telson (you know, "make it work please, then make them in seventeen beautiful NOK colors"), Telson cracks out the 1x handset (where the ASICS come from . . . . well, don't ask, don't tell), and the Q receives its royalties, NOK gets its 1x product, and everyone has saved face.
What else could Telson make for NOK's branding, even if only in the Korean market (remember, the Korean CDMA market is the cutting edge CDMA market), if not for 1X handsets?
IMHO, this NOK/Telson agreement may (and only may at this time absent further scrutiny) be as big as the ERICY agreement back soooooo long ago. |
