Qualcomm expects to roll out its fourth generation (4G) technology-based broadband services by the end of this year. The company is close to finalizing a deal with an Indian strategic partner.
"We had earlier announced a four-step strategy for our broadband venture – to invest in spectrum, accelerate the ecosystem, to introduce one or more operators as partners and eventually exit. We are at the third step and we are in talks with operators." said Mr Kanwalinder Singh, President, Qualcomm India and South Asia.
However, He did not reveal the operators the chip giant was talking to. "The timing of introducing partner is bound because we are looking at launching the networks by the end of 2011 or first half year of 2012. The new partner will make the investments for rolling out services in the circles. Once the partner operator takes control of the network we will exit," he added.