Qualcomm Enters 3G/4G Agreement with Digibras in Brazil
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Qualcomm Incorporated (Nasdaq: QCOM) and Digibras Industria do Brasil S.A. (owner of the brands CCE Info and CCE Mobi) today announced that they have entered into 3G and 4G license agreements, the first such agreements with a major Brazilian consumer electronics supplier. Under the terms of the agreements, Qualcomm has granted CCE worldwide, royalty-bearing patent licenses to develop, manufacture and sell 3G WCDMA and TD-SCDMA, and 4G OFDMA (e.g., LTE) subscriber units and routers. The royalties payable by CCE are at Qualcomm's standard worldwide rates.
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