Short Take: Qualcomm teams with Globalstar on satellite phones

Qualcomm, a developer and manufacturer of digital wireless technology, has been awarded a $117 million contract with Globalstar and Globalstar Service Providers to provide satellite phones. Under the terms of the deal, Qualcomm will manufacture and supply portable and fixed Code Division Multiple Access (CDMA) telephones that will operate on Globalstar's worldwide low-Earth-orbit (LEO), satellite-based digital telecommunications system.