SAN DIEGO – During a press conference with reporters at Qualcomm Inc.’s Uplinq developer’s conference, CEO Paul Jacobs said Qualcomm’s relationship to its subsidiary, FLO TV, likely will change in the next year.
Jacobs was touting the data-caching capabilities of FLO technology, which he said is an efficient way for operators to offload one-to-many types of content delivery from their cellular networks to end users. Along with live video, which FLO delivers to AT&T Mobility, Verizon Wireless and end users who buy standalone devices, other types of content could include newspapers and magazines.
While FLO is a subsidiary of Qualcomm, the technology company has never intended to be an operator, and as such probably will change the ownership structure of FLO in the future. Jacobs did not mention any potential partners or specifics of what would happen to FLO.
Qualcomm is not afraid to take an operator role to push its technology, Jacobs said, noting the company won spectrum in India’s recent Broadband Wireless Auction to push TD-LTE technology.
@ Uplinq: Jacobs hints of sale of FLO TV
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