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Qualcomm to Bid for Wireless Broadband Spectrum Auction in India
March 17, 2010 - Qualcomm has filed an application with the Indian Government to bid for upcoming Broadband Wireless Access (BWA) spectrum in India.
Qualcomm plans to secure Indian partners after completion of the auction and in compliance with the applicable Indian Foreign Direct Investment (FDI) regulations, it said in a statement.
Moreover, Qualcomm and its partners intend to demonstrate TD-LTE technology with the goal of creating a TD-LTE infrastructure in concert with 3G (Third Generation) networks and devices. It will also enable a broadband experience for consumers within India and while roaming globally.
In India, TD-LTE technology is best-suited to complement current and upcoming 3G deployments and address India's rapidly-growing demand for high bandwidth broadband services, the release said.
The company's goal is to attract an operator partner or partners into the venture at the appropriate time for construction of a TD-LTE network in compliance with the Indian Government's roll-out requirement for the BWA spectrum and then to exit the venture, it said.