Qualcomm Inc (QCOM)

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Qualcomm and Verizon to Launch New Mobile TV System
5:30 am on April 24, 2006 | Category: Wireless Technology, Mobile Devices

http://www.teleclick.ca/2006/04/qualcomm-and-verizon-to-launch-new-mobile-tv-system/

Qualcomm CEO, Paul Jacobs, has revealed that the chipmaker is currently “getting ready” to co-introduce a new mobile television technology system with America’s number two cell phone carrier, Verizon Wireless.

“Verizon will make a decision when to launch commercially,” Jacobs said in an interview late last week. “People will really like having access to audio and video.”

In the same interview the Jacobs spoke about the positive effects that Qualcomm’s licensing strategy is having on the mobile phone market, saying that it has created “a lot of competition,” and caused handset prices to continue “declining very rapidly.”

When asked about recent legal allegations that Qualcomm is charging “excessive” licensing fees, Jacobs defended the company and denied that it’s pricing is unreasonable. “Facts are on our side,” he insisted about the recent disputes.