Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today announced that on February 16, 2007, the United States District Court for the Eastern District of Texas granted summary judgment and dismissed in its entirety an antitrust complaint brought by Golden Bridge Technology Incorporated (GBT) against Qualcomm, Ericsson, Lucent (now Alcatel), Motorola, Nokia, NTT DOCOMO and Panasonic. Filed in May of 2005, the complaint alleged that the defendants had conspired to exclude GBT's technology from a wireless industry standard adopted by a number of standard-setting organizations under the auspices of the Third Generation Partnership Project (3GPP). The court determined that there is no evidence that Qualcomm or the other defendants did anything improper. It is unknown whether GBT plans to appeal.
This is the second antitrust lawsuit in two different federal courts against Qualcomm to be dismissed in less than six months. In September of 2006, the United States District Court for the District of New Jersey dismissed an antitrust complaint filed by Broadcom, ruling that Qualcomm's supposed conduct as alleged in Broadcom's complaint did not harm competition and did not amount to an antitrust violation.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2006 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
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