“Economic Downturn means it’s likely the wireless industry will stay with 3G technologies for the foreseeable future”

Paul Jacobs, CEO of Qualcomm, tells a San Diego Telecom Industry panel what the effects of uncertain consumer demand will mean for new 4G network investments.

Qualcomm executives also reported that sales of 3G handsets based on Qualcomm technology have increased 25% over last year.

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