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Qualcomm says not to joint LG in 3G license bid

date: June 14, 2001 - source: Reuters

U.S. wireless communications technology provider Qualcomm said on Thursday it was not in talks with Korea's LG Telecom over a possible joint bid for a third-generation mobile service licence.

"Currently, we are not in talks with LG and we have not received any instructions from the U.S. headquarters about a 3G bid,'' Kim Sung-woo, managing director of Qualcomm Korea, told the press.

"We had talked with LG over a 3G bid, but that was three or four months ago.''

He was responding to a media report that quoted Qualcomm's vice president Paul Jacobs as saying the U.S. firm was looking at a possibility to expand the CDMA market in Korea.

"I have no comment on the report. Also I can't say if we would be interested in the future,'' said Qualcomm's Kim. Johan Lodenius, senior vice president of Qualcomm CDMA Technologies, said in early May the company was not interested in joining in a local bid as there were already three mobile operators.

"We will continue to support them with our CDMA technology. We are more interested in research and development,'' he told reporters at the time.

Qualcomm Korea Ltd said in January it was positively considering jointly investing with other foreign companies in a 3G bid by Korean telecom firms which might include equity participation.

Korea in December awarded two 3G licences to two consortia each led by top mobile carrier SK Telecom and Korea Telecom , the nation's largest fixed-line telephone firm.

It plans to sell one more 3G licence based on Qualcomm's CDMA technology this year. LG Telecom and Hanaro Telecom , a high-speed Internet service provider, have said they would bid for the remaining one 3G licence.

 



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