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Appeal

Qualcomm Disagrees with Decision by Taiwan Fair Trade Commission and Intends to Seek a Stay and Appeal the Decision

SAN DIEGO , Oct.andnbsp;Qualcomm (Nasdaq: QCOM) today announced that the Taiwan Fair Trade Commission (TFTC) has reached a decision in the TFTC’s investigation, stating in a press release that certain of the Company’s business practices are in violation of Taiwanese competition law and imposing a fine of approximately $ 23.4 billion Taiwan dollars (approximately $ 773 million US dollars at current exchange rates). Qualcomm disagrees with the decision summarized in the TFTC’s press release and intends to seek to stay any required behavioral measures and appeal the decision to the Taiwanese courts after receiving the TFTC’s formal decision, which is expected in the next several weeks. The fine bears no rational relationship to the amount of Qualcomm’s revenues or activities in Taiwan , and Qualcomm will appeal the amount of the fine and the method used to calculate it. Click here for more.


Cellular News

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Vodafone Group has confirmed that India’s Income Tax Department has filed a petition to overturn the verdict in the company’s dispute about a US$ 2.4 billion tax bill. Click here for more.


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India’s Supreme Court turns down 2G cancellation appeal

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telecoms.com – telecoms industry news, analysis and opinion

US Telecoms Networks Win Appeal in “warrantless wiretapping” Scandal

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Intel Loses Appeal Against $1.44 Billion Anti-Trust Fine

Intel has lost an appeal against a record anti-trust fine that was imposed on it by European regulators. Click here for more.


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