Qualcomm – Tata Indicom Talks Fail

FE is reporting that the talks between CDMA pioneer Qualcomm and Tata Indicom have failed. Tata Indicom team for the meeting included Ratan Tata and Darryl Green, while Paul Jacobs led the Qualcomm team. It is understood that, Jacob expressed inability to reduce the 7% royalty which was one of the main issues on the agenda.They have also discussed the fate of Tata Indicom in the event Reliance switches to GSM. Details of this are unavailable.

In a separate development, Qualcomm officials denied a statement issued by Korean Information and Communications minister Rho Jun-Hyong that Koran manufactirers Samsung & LG can stop paying royalties to Qualcomm from August this year on handsets seold in the country. However, Qualcomm quickly denied about the royalty waiver.

Qualcomm team is expected to meet IT minister, Dayanidhi Maran later today and Reliance-ADAG chief, Anil Ambani tomorrow.

Author: Webmaster