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Article: Sprint-Nextel deal a boon to Qualcomm.
- Article from:
- San Diego Business Journal
- Article date:
- December 20, 2004
- Author:
CopyrightCOPYRIGHT 2004 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Wireless technology supplier Qualcomm Inc. may benefit from a merger of Sprint and Nextel Communications, Inc. if their $35 billion deal closes as planned.
The wireless telecom carriers made it official last week, saying they would form a new company called Sprint Nextel.
If the two carriers fold their networks together, the combined company would likely use the Code Division Multiple Access technology already in place on the Sprint network.
Code Division Multiple Access, abbreviated CDMA, is San Diego-based Qualcomm's bread-and-butter technology. Qualcomm makes microchips for CDMA telephones and base stations. It also collects royalties and ...