SAGIA promotes digital wireless technology with QUALCOMM
- Saudi Arabia: Tuesday, December 06 - 2005 at 14:24
- PRESS RELEASE
The Saudi Arabian General Investment Authority (SAGIA) hosted a vocational seminar on digital wireless technology with QUALCOMM Incorporated (Nasdaq: QCOM) for key executives and managers from SAGIA, STC, Saudi Communications Development Company and DevCorp International BSC©.
QUALCOMM is a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies. Worldwide, QUALCOMM's extensive patent portfolio boasts more than 3,000 United States patents and patent applications for CDMA and other technologies.
The seminar was facilitated by the Saudi Communications Development Company, a local telecommunications incubator, which has fostered a relationship with QUALCOMM over the last five years.
The two-day seminar focused on CDMA technology and its role in enhancing the use of low-frequency broadband spectrum for GSM. QUALCOMM develops its technologies and solutions for the purpose of enabling key participants in the wireless value chain to ultimately enable consumers, professionals and government entities who benefit from the wireless industry.
In keeping with the country's investment strategy released last year, SAGIA has been working with global and local technology players to determine what type of strategic relationships can be formed to the mutual benefit of Saudi Arabia and the business community, and fulfill its potential to become a regional ICT player.
The size of the ICT market in Saudi Arabia today is over $8 billion, with over $250 billion expected in the next 20 years and the country is recipient to about 40% of the information technology equipment sold at present in the Middle East.
The major stimulants to investment in the ICT services are Saudi Arabia's youthful population, an annual telecommunications spending per capita at $330 (greater than that of Turkey, Syria, Iran, Algeria, Egypt, Morocco, Sudan, Yemen, and Pakistan combined), and state-of-the-art infrastructures in the region rendering Saudi Arabia one of the best countries in the region with excellent communications network.
Through fostering information exchange- such as with QUALCOMM- SAGIA aims to disseminate the knowledge of technologies that create efficiency for the public and private sector to build wider information based society. Such strategic platforms are invaluable to further educate and develop the private sector's strengths.
In addition, the QUALCOMM seminar presentations elaborated on how UMTS is becoming the new standard technology adopted by GSM operators to move to the Third Generation Networks and how CDMA technology has become a standard for Wireless Local loops applications. The team presented a roadmap on the chipset for UMTS phones manufactured by QUALCOMM, starting from HSDPA to new exiting services.
QUALCOMM also presented case-studies of networks and services activations for some of the world's largest operators such as Vodafone, Orange, Hutchison, TMobile, Cingular, Telefonica and TIM among others.
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Saudi Arabian General Investment Authority (SAGIA) is a service entity aiming to provide services and facilities to promote investment and economic development in the Kingdom of Saudi Arabia (KSA). SAGIA was established in April 2000 under the directives of the Supreme Economic Council (SEC) as a catalyst to promote inward investments, facilitate exchange of best practice between the public and private sectors, as well as act as an intermediary between the global business community and the Saudi Government and its ministries and agencies. It also aims to contribute to economic policy-making substantiated by research and strategic criteria.
SAGIA's role is complementary and supportive to the bodies directly concerned with the various investment sectors and working to finalize the investors' procedures. The mission of SAGIA is to create a pro-business environment while providing comprehensive services to investors, and fostering investment opportunities in energy, transportation and knowledge-based industries.
The SAGIA logo, name, and any other marks contained herein that reference the Saudi Arabian General Investment Authority are the property of the Saudi Arabian General Investment Authority. All rights reserved.
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Posted by Anne-Birte Stensgaard, Senior News Editor



