Qualcomm has invested US$ 300 million in NextWaves Telecom. Qualcomm said that the investment is in connection with the equity financing it has provided for NextWave’s reorganization plan.
Qualcomm and NextWave have also inked a technology cooperation agreement, under which Qualcomm will help speed NextWave’s deployment of a next-generation CDMA2000 1X/1Xev wireless network in the US.
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