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Qualcomm today announced that Global Holding Corp. and Tulip Telecom Ltd. as the initial investor partners in its broadband wireless access venture in India, reports Light Reading.

Global Holdings, the parent company of wireless tower company GTL, and Tulip, an enterprise data services specialist, are paying $28.9 million apiece for 13 percent stakes in the Indian wireless venture.

Qualcomm recently won 2.3GHz spectrum licenses in four service circles — New Delhi, Mumbai, Kerala, and Haryana and plans to build a network based on TD-Long Term Evolution (LTE) technology. But, under Indian law, it needs local partners to apply for the license to build and operate the networks.

FDD-LTE and TD-LTE are making some recent gains:

On the other hand, WiMAX is moving ahead:

Related Dailywireless articles include; India’s Broadband Auction: It’s Done, Yota Dumps WiMAX, Clearwire: New Mobile Hotspots, Clear: No Limits, WiMAX Forum: Not Dead Yet, WiMAX Forum: In Trouble?, Sprint’s WiMAX Phone Launched, SK Telecom Buys 25% of Packet One, Compare “4G” Carriers in the U.S., LTE for Sprint? and MIMO: The Paper War

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