SAN DIEGO -- January 24, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, congratulates Iusacell, provider of cellular telephony products and services, on its commercial launch of third-generation (3G) CDMA2000 1X services. Iusacell commenced its 3G services at a launch ceremony held yesterday, January 23, 2003, in Mexico City.
"The introduction of CDMA2000 1X uniquely positions Iusacell within the Mexican wireless market," said Jeff Jacobs, president of global development for Qualcomm. "Iusacell will now be able to offer its customers cost-effective, advanced voice and data wireless services, delivered by a wide range of feature-rich devices and applications."
"Iusacell is committed to offering the latest in wireless technology and with the launch of Red Express 3G in Mexico, we are able to offer a new range of possibilities and services for organizations and professionals that need continuous access to information," said Carlos Espinal, general director for Iusacell. "The multiple benefits that Red Express 3G offers make it the best technology of choice for mobile communications."
Since the introduction of CDMA2000 1X in October 2000, there have been 35 carrier launches in 17 countries worldwide. Qualcomm supports CDMA2000 1X with chipsets and system software that offer a variety of advanced features, including multimedia and position location technologies. For further information on 3G, please visit www.3gtoday.com.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, change in economic conditions of the various markets the Company serves, 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 30, 2002, and most recent Form 10-Q.