Qualcomm Dumps UMB

Posted by Kallan Dahn Friday, November 14, 2008

Qualcomm has announced that they will be ceasing operations having relation to developing UMB or Ultra Mobile Broadband technology.  UMB has not had a good take off as current Qualcomm customers have decided to bank of the rival standard LTE or long term Evolution.  Verizon Wireless, Alltel, MetroPCS, Leap Wireless, T-Mobile, At&t and others have announced they will be showing support for LTE, the GSM migration path option of choice.  As a result of the stopped operations, Qualcomm does expect to make small scale layoffs, but optimistically views better market conditions somewhere in the upcoming "mid" 2009.









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