Qualcomm and AsiaTelco Enter Into a 3G CDMA Subscriber Unit and Modem Card License Agreement

(Business News & Technology News, 16 May 2008)

Qualcomm Inc. and AsiaTelco Technologies Holding Co. Ltd (AsiaTelco), a supplier of CDMA terminal products, have entered into a subscriber unit and modem card license agreement, under which Qualcomm has granted AsiaTelco a worldwide patent license to develop, manufacture and sell subscriber units and modem cards implementing the CDMA2000, WCDMA and TD-SCDMA standards.

The royalties payable by AsiaTelco are at Qualcomm's standard worldwide rates and are the same irrespective of the CDMA standard implemented by the subscriber unit or modem card.

AsiaTelco's license will enable the company to expand its existing offerings to include all 3G CDMA standards and to join market leaders in driving down handset prices and increasing wireless capabilities.

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