Qualcomm Incorporated (NASDAQ: QCOM) and Schahin Cury, a telecommunications systems integration company, signed a memorandum of understanding to cooperate on Code Division Multiple Access (CDMA) wireless local loop (WLL) deployments in Brazil. As an experienced systems integrator, Schahin Cury will provide valuable resources and expertise to Qualcomm and to wireless local loop operators deploying cdmaOne™ systems throughout the region.
Qualcomm is a global leader in manufacturing and deploying WLL systems based on cdmaOne (IS-95 CDMA), and is the supplier of commercial fixed wireless systems in Russia and India. Qualcomm do Brasil is participating in the Telebras wireless local loop pilot project and is performing system tests with Telebahia, the regional operator in Bahia.
"Schahin Cury has confidence in the enormous potential of the wireless local loop market in Brazil, and is very excited about partnering with Qualcomm, who is a leader in developing and deploying wireless local loop products," said Eduardo Figueiredo, telecommunications director for Schahin Cury.
"We believe we have an excellent and cost-effective product for wireless local loop applications in Brazil that will enable operators to satisfy the high demand for basic telephony services," said Rafael Steinhauser, vice president of Qualcomm do Brasil. "We are proud to be working with Schahin Cury in this capacity, and we believe the company will contribute valuable expertise as an established integrator of turnkey telecommunications projects."
Qualcomm's CDMA fixed wireless systems are comprised of the QCore 22X Integrated Base Station Controller and QCell 2508i Base Station Transceiver Subsystems, as well as a family of wireless local loop phones.
Qualcomm supplies wireless local loop systems which can be rapidly deployed and easily expanded to provide residential and business telephone service. Users benefit from voice quality similar to that of wireline, as well as increased security and privacy. Operators who deploy CDMA systems benefit from reliable networks, decreased maintenance and operational costs, and high capacity systems that can keep up with growing subscriber demand. With over four million subscribers on CDMA networks worldwide today, cdmaOne is a leading digital technology choice for operators needing to deploy high-quality, high-capacity wireless systems.
Headquartered in San Diego, Qualcomm develops, manufactures, markets, licenses and operates advanced communications systems and products based on its proprietary digital wireless technologies. The Company's primary product areas are the OmniTRACS® system (a geostationary satellite-based, mobile communications system providing two-way data and position reporting services), CDMA wireless communications systems and products and, in conjunction with others, the development of the Globalstar™ low-earth-orbit (LEO) satellite communications system. Other Company products include the Eudora Pro™ electronic mail software, ASIC products, and communications equipment and systems for government and commercial customers worldwide. For more information on Qualcomm products and technologies, please visit the Company's web site at http://www.qualcomm.com.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including timely product development and commercial implementation of the Company's technology, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 29, 1996 and most recent Form 10-Qs.
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