SAN DIEGO, April 03, 2008 — Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, today announced that it has acquired eight licenses in the U.S. Federal Communications Commission's 700 MHz spectrum auction at a total cost of $558.1 million. Qualcomm purchased licenses in the E block covering the Boston, Los Angeles, New York City, Philadelphia and San Francisco Economic Area regions. These licenses double Qualcomm's 700 MHz spectrum holdings throughout a footprint of more than 68 million people in 28 individual markets for MediaFLO USA's award-winning FLO TV™ service (21 of its top 100 markets) at a cost of $554.6 million. In addition, Qualcomm purchased three licenses on the B block at a cost of $3.5 million.
Qualcomm's E block licenses cover five of the nation's top seven Economic Area regions. These regions consist of large contiguous areas on the East and West Coasts, stretching from New Hampshire to Maryland and from Orange County to Northern California, respectively.
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