Qualcomm paid US$16.2 million for radio spectrum in the UK.
Qualcomm has acquired 40MHz (1452-1492 MHz) of L-Band radio spectrum recently auctioned by UK communications regulator Ofcom, at a cost of £8.33 million (US$16.2 million). Qualcomm says that it will work with collaboration partners to bring a variety of innovative wireless technologies to the UK market.