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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 136.33-8.4%3:59 PM EST
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To: carranza2 who wrote (17639)12/28/2001 12:32:31 PM
From: slacker711  Read Replies (3) of 197606
 
The cross licenses are royalty bearing for CDMA
subscriber units sold by either party. In addition, ERICSSON will purchase QUALCOMM's terrestrial CDMA wireless infrastructure business, including its R&D facilities, located in San Diego, Calif. and Boulder, Colo., and will
assume select customer commitments, including a portion of vendor financing obligations, related assets and personnel.

Unfortunately the press release is a little vague. I think many of the details were provided during the conference call. Qualcomm has since become much more explicit in their press releases.

Well, I've waited two and a half years to find out about W-CDMA infrastructure royalties, I can wait another nine months.

Slacker
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