Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that KTF, a leading South Korean wireless operator, has renewed its contract to offer a wireless application download service based on Qualcomm's Binary Runtime Environment for Wireless™ (BREW) platform.
Since becoming the world's first network operator to commercially launch BREW-enabled services in November 2001, KTF has experienced tremendous growth for its magic n multipack™ service and has experienced a steady growth in average revenue per user among subscribers who have adopted the service. The number of KTF subscribers to sign up for magic n multipack has reached more than 3.9 million, representing an impressive 40 percent of the operator's subscriber base. KTF launched the company's BREW-based service on its CDMA2000 1X network and is now offering a robust line-up of BREW applications on its CDMA2000 1xEV-DO network, including streaming video and other multimedia-based content.
Subscriber choice has fueled the success of KTF's BREW-based offering. More than 30 BREW-enabled handsets have been offered from major manufacturers such as LG Electronics, Motorola and Samsung. With more than 500 applications to choose from in the magic n multipack catalog, KTF's subscribers have downloaded more than 19.4 million applications since the service launched.
The BREW solution also provides choice to operators through its support for multiple languages and technology platforms. The BREW solution can enable KTF to offer its subscribers access to both BREW-enabled and Java®-based Wireless Internet Platform for Interoperability (WIPI) applications for over-the-air downloads to their mobile devices. A WIPI extension to the BREW client would further expand Qualcomm's support of Java via the extension model. Qualcomm is currently working with Sun Microsystems, IBM and esmertec on Java technology-based virtual machine extensions for the BREW platform.
KTF's developer base is also taking advantage of the complete BREW solution by selling their BREW applications to operators worldwide. South Korean companies ? regardless of their size ? are using the global virtual marketplace enabled by the BREW solution to benefit from the maturation of wireless data services around the world. With the BREW solution, KTF is not only offering subscribers quality data services, but is enabling their developer community to realize the full potential of the wireless data marketplace.
"BREW has been a big hit with subscribers in South Korea, and we are delighted that KTF has agreed to extend its contract and continue its position as a leader in wireless data offerings in the region," said Dr. Paul E. Jacobs, group president, Qualcomm Wireless&Internet Group. "KTF's success has also validated the BREW business model as a key element of the end-to-end solution we offer to the industry. Not only have subscribers enjoyed the robust selection of content, but application developers creating BREW-based content for KTF have earned millions, and have experienced success in South Korea as well as with other BREW operators around the world."
Deployments of the BREW solution continue as operators throughout the world join Verizon Wireless, ALLTEL and U.S. Cellular in the United States, KTF in South Korea, KDDI in Japan, China Unicom, VIVO (the joint venture between Telefónica Móviles and Portugal Telecom) in Brazil and Telstra in Australia, in commercializing BREW-based services. More than 50 BREW-enabled handset models have been offered to consumers worldwide and more than 40 device manufacturers have indicated their interest in the BREW platform.
Qualcomm's BREW solution is a complete product and business system for the development and over-the-air deployment of data services on wireless devices. The BREW solution provides the necessary tools and value-added services to developers, device manufacturers and wireless operators for application development and distribution, device configuration, and billing and payment.
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 is a 2003 FORTUNE 500® company 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 and the BREW solution is adopted, 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.