Qualcomm Inc. just announced its acquisition of 40 MHz of the L-Band radio spectrum that was auctioned some days ago by Ofcom, the UK communications regulator. This auction fetched the UK communications regulator £8.3 million.
This acquisition would allow Qualcomm to introduce a wide range of innovative wireless technology to the UK, in collaboration with its partners.
The MD, UK, Qualcomm Europe, Inc. said that winning this license will allow the company to explore new business models and provide advanced mobile technologies to the consumers.
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