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Qualcomm gets 8 FCC licenses for $558MPosted on Thu, Apr. 03, 2008
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The Associated Press
SAN DIEGO -- Qualcomm Inc. said late Thursday it bought eight licenses for a total cost of $558.1 million at a Federal Communications Commission 700-megahertz spectrum auction.Qualcomm purchased licenses in the "E block" covering the Boston, Los Angeles, New York City, Philadelphia and San Francisco areas. The San Diego-based wireless telecommunications company also bought three licenses on the "B block" at a cost of $3.5 million.
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