Qualcomm: Unproven, But Dazzling

Five years ago, Qualcomm Inc. was a tiny but bothersome thorn in the side of the cellular-phone industry. The San Diego satellite communications company came up with a scheme for expanding cellular network capacity, vitally needed in regions where radio waves are saturated. The problem: The industry had already settled on a method for doing just that. Qualcomm muddied the waters with an alternative that was theoretically cheaper and offered higher quality, but no one knew whether its complicated technique would work.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.