India spurns Qualcomm BWA applications
Dylan Bushell-Embling |
September 23, 2011
telecomseurope.net
Qualcomm is set to lose BWA licenses it paid 49.13 billion rupees (€737 million) for in India, because it missed the deadline for license applications.
The country’s Department of Telecom has confirmed a preliminary decision to reject Qualcomm’s bid for three out of the four licenses the firm applied for. It claims awarding all four licenses would break local regulations that stipulate only one of the four local firms nominated by Qualcomm can apply for a license.
Qualcomm has offered to merge its four local partner companies into one business, to bring the deal inline with India’s regulations.