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Qualcomm is in the process of shutting down its mobile broadcast FLO TV service. Qualcomm is now cutting its losses and plans to shut down FLO TV.

Wholesale customers, such as those on AT&T Mobility and Verizon Wireless, will not be immediately affected. The white-label service, which is resold by both carriers, will continue running as is for the foreseeable future. But that is likely to change down the road.

The news, which was first reported by paidContent, has now been confirmed by RCR Wireless News.

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