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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (13010)6/23/2000 12:03:00 PM
From: samim anbarcioglu  Read Replies (1) | Respond to of 13582
 
Keith:
<<"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."

Doesn't this mean that Telson is fully licensed? NOK will simply be a customer for Telson, and Telson the contract manufacturer.