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QUALCOMM SIGNS SUPPLY AGREEMENT WITH PEGASO

SAN DIEGO-Qualcomm Inc. signed an agreement with Pegaso PCS S.A. de D.V., a wholly owned subsidiary of Pegaso Telecommunications S.A. de C.V., to supply about $650 million of infrastructure equipment and deployment services in Mexico during the next three years.

Purchase orders for more than $200 million in equipment and services already have been received, representing phases one and two of Pegaso PCS’ nationwide cdmaOne network deployment in Mexico. The equipment purchased will be financed by Qualcomm under commercial terms yet to be determined.

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