HONG KONG – September 27, 2010 – Qualcomm Incorporated (NASDAQ: QCOM) ), a leading developer and innovator of advanced wireless technologies, products and services, and Asiaspace wimax Sdn Bhd today announced that they have signed a non-binding Memorandum of Understanding (MOU) to explore future deployment of Long Term Evolution Time Division Duplex (LTE TDD) technology in Malaysia.

Asiaspace currently owns a license to provide wireless technology services on the 2.3 GHz band in Malaysia. With this license, Asiaspace intends to explore the deployment, in the near future, of LTE TDD technology, which is a reflection of the commercial advantages service providers can capitalize on as they become part of the 3G wireless ecosystem of more than one billion mobile subscribers worldwide. According to the Global mobile Suppliers Association, 80 operators have committed to launch LTE in 33 countries as of June 2010, which demonstrates a continued commitment to providing innovative devices and services for the consumer.

“Asiaspace looks forward to working with Qualcomm in examining the technological and commercial opportunities presented by LTE TDD,” said Datuk Abdul Ghani Bin Abdullah. “Our vision is to offer the best wireless experience to the customer – regardless of the type of technology. We believe that LTE TDD technology will best serve the highly vibrant and mobile society Malaysia represents by allowing us to stay within the boundaries of mainstream wireless technologies and interoperate with 3G and 2G networks. As a business, Asiaspace will be able to enjoy the cost benefits of scale and tap into the massive subscriber base that already exists within the cellular mobile world.”

“Qualcomm is pleased to be in discussions with Asiaspace to explore the deployment of a LTE TDD network in Malaysia,” said John Stefanac, president of Southeast Asia & Pacific for Qualcomm. “Spectrum is a scarce resource around the world, forcing service providers to deploy wireless technologies that not only provide high-speed connectivity and access, but also ones that are interoperable with all the 3G standards that are currently thriving. We are delighted Asiaspace is interested in LTE TDD, as it provides a fully mobile wireless experience for the consumer, backed up by ubiquitous 3G coverage.”

Source: http://www.manufacturing.net/News/Feeds/2010/09/mnet-market-sectors-pharmaceuticals/biotech-qualcomm-and-asiaspace-wimax-sdn-bhd-sign-memorand/