FLO TV losing money, Qualcomm looking for an out?
So it seems that founding and operating a broadcast mobile TV business is no mean feat: as mocoNews points out, there is spectrum to be purchased and transmission towers to be networked -- all before you can sell electronics manufacturers on carrying your chipset in their devices. Unfortunately for Qualcomm , it looks like FLO TV has been something less than profitable, a reality that CEO Paul Jacobs owned up to in the company's Q3 conference call.
Categories: Mobile Phone Tags: business, conference, entry, jacobs, mediaflo, personal, points, radio, satellite, something-less, television, towers, transmission