Qualcomm said it may shed its FLO TV mobile TV...
Qualcomm said it may shed its FLO TV mobile TV business. The company has held preliminary talks with “a number of companies and is considering a number of alternatives,” CEO Paul Jacobs said on Qualcomm’s quarterly earnings teleconference late Wednesday.…
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“We've been pleased by the response that we've gotten and the interest that we've had, although it is very early stages.” Qualcomm is trying to gauge interest in various aspects of the business, including the spectrum it owns, he said. “I would say it will get done in the next year, but I don’t think I can be much more specific than that,” and the timing isn’t firm, Jacobs said. He added, “There are different things that we're trying to do in that process to see whether we can retain some ability to give advantages to our chipsets."