| Tuesday, July 25, 2006 |
| Reliance-Qualcomm roylaty issue deadlocked. |
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Reliance with support from IT minister Mr Maran is still insisting on lower royalties while the recently concluded board meeting of Qualcomm at San Deigo has affirmed that their will be no cut in royalties. The company release said that,
Qualcomm is committed to help the industry drive handset prices down and it involves multiple players and has nothing to do with negotiations on royalties with operators as they do not pay it. So are Reliance ADAG officials now busy weighing options to rollover to GSM to deploy 3G ? Meanwhile, their is a good news that Reliance Communications will declare its quarterly results on July 31st. |
| Published on Tuesday, July 25, 2006 at 9:13 PM |
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| 3 Comments: |
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