Qualcomm seeks to sell spectrum holdings in India – report

Qualcomm seeks to sell spectrum holdings in India – report
(Telecompaper) Qualcomm is reportedly trying to sell its Indian 2.3 GHz spectrum holdings, less than five months after it won the licences in an auction. The company is seeking at least INR 50 billion for the licences in Delhi, Mumbai, Haryana and Kerala, while it paid INR 49.125 billion for the spectrum licences. Qualcomm has approached major mobile operators in India, offering a 100 percent stake in all four spectrum holding companies, The Economic Times reports citing executives with direct knowledge of the matter. Qualcomm could sell the companies separately or as a single block of companies. The buyer will have to give an undertaking to use the spectrum for LTE services. The sources told The Economic Times that Qualcomm never wanted to become an operator but bought the spectrum to jump-start demand for its LTE chips.[Lees verder]

Qualcomm seeks to sell spectrum holdings in India – report
(Telecompaper) Qualcomm is reportedly trying to sell its Indian 2.3 GHz spectrum holdings, less than five months after it won the licences in an auction. The company is seeking at least INR 50 billion for the licences in Delhi, Mumbai, Haryana and Kerala, while it paid INR 49.125 billion for the spectrum licences. Qualcomm has approached major mobile operators in India, offering a 100 percent stake in all four spectrum holding companies, The Economic Times reports citing executives with direct knowledge of the matter. Qualcomm could sell the companies separately or as a single block of companies. The buyer will have to give an undertaking to use the spectrum for LTE services. The sources told The Economic Times that Qualcomm never wanted to become an operator but bought the spectrum to jump-start demand for its LTE chips.[Lees verder]

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