Jointly developed by Qualcomm Technologies, Inc. and
), multi-mode small cells will hit the market in mid-2014.
Qualcomm Technologies, Inc. is the business arm of
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In order to boost 3G, 4G and WiFi speed as well as to offer
better network coverage, Alcatel Lucent teamed up with Qualcomm
last year to develop multimode small cell sites.
Higher adoption of smartphones and tablets has increased the
demand for data usage. So, the rollout of small cell base
stations across residential and official areas will not only
drive network speed but will also save cost and time for the
Both the entities have significantly contributed toward the
manufacture of next-generation Alcatel Lucent lightRadio small
cell products, powered with Qualcomm's FSM9900 portfolio of small
cell chipsets. Alcatel Lucent has already approached 65 clients
across 42 countries with the product and has received positive
However, delay in the launch of multi-mode small cell products
may mar Qualcomm's growth prospects as companies like
Cisco Systems, Inc.
) are on the verge of launching similar products.
Qualcomm is one of the leading manufacturers of smartphone
chipsets. The company is continuously diversifying its business
in order to boost top line growth as well as to stay ahead of its
competitors. In the recently concluded first quarter of 2014, the
company generated nearly $6.6 billion in revenues, up 10% year
over year. Moreover, it shipped approximately 213 million
CDMA-based MSM chipsets, up 17% year over year.
Hence, we believe that such a strong partnership with Alcatel
will help Qualcomm to drive revenues going forward.
Currently, Qualcomm carries a Zacks Rank #3 (Hold).