Reuters: Technology News: Qualcomm gets 4G spectrum in India

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Qualcomm gets 4G spectrum in India May 8th 2012, 16:43 Tweet Share this Email Print Related News Bharti Airtel may face higher costs, denting profits Wed, May 2 2012 China Mobile goes 4G in Hong Kong; Q1 profit up Fri, Apr 20 2012 UPDATE 3-Verizon to sell some spectrum if cable deal closes Wed, Apr 18 2012 UPDATE 3-MegaFon to borrow $2 bln to fund share buyback Wed, Apr 18 2012 Analysis & Opinion Hillary Clinton's farewell visit to Delhi: from prickly estrangement to empathetic divergence Trading the new normal in India A Qualcomm sign is seen at one of Qualcomm's numerous buildings located on its San Diego Campus February 7, 2011. Credit: Reuters/Mike Blake NEW DELHI | Tue May 8, 2012 12:43pm EDT NEW DELHI (Reuters) - India offered to grant 4G broadband spectrum to Qualcomm Inc (QCOM.O) on Tuesday, nearly two years after the U.S. chipmaker paid $1 billion in an auction, but cut its spectrum usage period due to a delay in getting an internet service license. India typically grants radio airwaves for a period of 20 years. In Qualcomm's case, the telecoms ministry cut the validity of the spectrum by 18 months and asked the company to roll out services in 3-1/2 years, compared with the five years given to other 4G winners, a source with direct knowledge said. The telecoms ministry, which initially rejected Qualcomm's application for an internet service license needed to use 4G spectrum, agreed to grant the permit in October. Qualcomm said in a statement it was not responsible for the delay in getting the internet license, adding the delay was caused by the ministry's objection to its application. "We are studying the DoT's decision and will consider any and all options." Qualcomm had won 4G spectrum for four of India's 22 telecoms zones in 2010 auction. Reliance Industries (RELI.NS), controlled by India's richest man Mukesh Ambani, is the only company to have 4G spectrum in all the telecoms zones. (Reporting by Devidutta Tripathy) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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