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Qualcomm Buys Into Skybridge Bethesda - Oct. 18, 2000 SkyBridge LP and Qualcomm Incorporated announced Tuesday that Qualcomm has become a SkyBridge shareholder and limited partner. "We are delighted to welcome Qualcomm to the SkyBridge partnership," said Pascale Sourisse, SkyBridge President and CEO. "SkyBridge will now have access to important Qualcomm Intellectual Property and can benefit from the company's satellite telecommunications experience. SkyBridge's industrial partners will be able to enter into licenses with Qualcomm for its Code Division Multiple Access (CDMA) technology for use in both user terminals and gateways. Use of Qualcomm's CDMA technology can provide significant cost advantages in the development of the SkyBridge system." "Qualcomm is excited to be part of the SkyBridge partnership," said Scott Becker, senior vice president and general manager of Qualcomm Wireless Systems. "Qualcomm's CDMA technology provides a proven, cost-effective basis on which to develop SkyBridge gateways and user terminals. Qualcomm looks forward to supporting SkyBridge and its industrial partners to deploy the next generation of data services." SkyBridge will provide telecom operators and service providers with broadband access capacity, enabling them to offer high-speed, highly interactive multimedia services to business and residential users anywhere in the world via a constellation of 80 low earth orbiting satellites. SkyBridge LP is a Delaware Limited Partnership headquartered in Bethesda, Maryland. SkyBridge LP is backed by Alcatel. Alongside Alcatel, its industrial partners and shareholders include: Boeing, Loral Space & Communication, Litton and EMS Technologies of the United States; COM DEV of Canada; Mitsubishi Electric, Sharp and Toshiba of Japan; THOMSON multimedia, CNES and SNECMA of France; SRIW of Belgium; Starsem of France and CIS. Related Links Skybridge SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express Skybridge Wins Global Regulatory Approval Bethesda - June 5, 2000 Following the International Telecommunicaiton Union (ITU) World Radiocommunication Conference (WRC-2000) in Istanbul, Turkey, the global frequency allocations and regulatory provisions needed for SkyBridge LP's operation of its satellite constellation are now in place.
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