Qualcomm Incorporated and Saudi Arabian company Dallah Trans Arabia Limited Liability Company (“Dallah”) today announced they have entered into a patent licensing agreement which covers multimode small cells. Under the terms of the agreement, Qualcomm has granted Dallah a royalty-bearing patent license to develop, manufacture and sell multimode small cells utilizing 3G, 4G, and 5G technologies. The agreement is consistent with Qualcomm’s established global licensing terms.
Dallah Trans Arabia Limited Liability Company is owned by Dallah Al-Baraka Group, a private multinational corporation based in Jeddah, Saudi Arabia. Dallah Al-Baraka Group has holdings throughout the Middle East, North Africa, Asia, and Europe, with investments including the financial, banking, healthcare, real estate, manufacturing, transportation, and operations and maintenance sectors. With this agreement, Dallah joins the growing list of OEMs around the world to have direct access to Qualcomm’s breakthrough technologies.
"Qualcomm is pleased to enter into this strategic agreement with Dallah,” said John Han, senior vice president and general manager, Qualcomm Technology Licensing. "With access to our diverse and ever-expanding technology patent portfolio, Dallah will now be able to develop and market compelling 3G/4G/5G small cells powered by Qualcomm's leading mobile technologies both in Saudi Arabia and abroad."
“Dallah Trans Arabia is more than excited to enter this strategic agreement with Qualcomm, the world’s leading mobile technology innovator,” said Ammar Kamel, Executive Director of Dallah Trans Arabia. “Backed by the ambitious Saudi Vision 2030, and a history of delivering mega projects, Dallah Trans Arabia will use this patent license agreement to develop, market and sell 3G/4G/5G multimode small cells powered by Qualcomm’s cutting edge technologies in the Middle East & North Africa region among other global regions.”
Qualcomm (qualcomm.com) invents breakthrough technologies that transform how the world connects, computes and communicates. When we connected the phone to the Internet, the mobile revolution was born. Today, our inventions are the foundation for life-changing products, experiences, and industries. As we lead the world to 5G, we envision this next big change in cellular technology spurring a new era of intelligent, connected devices and enabling new opportunities in connected cars, remote delivery of health care services, and the IoT including smart cities, smart homes, and wearables. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, our QCT semiconductor business.
About Dallah Al-Baraka
Dallah Al-Baraka (dtarabia.com) is a Saudi Arabian based conglomerate that has been in the heart of developing many business sectors in the Middle East for the last 50 years. Established in 1969, it started in the 70’s in the operation & maintenance sector. Later, it was amongst the first to develop and structure financial institutes and banks in the region. In addition, it was the first to create paid subscription satellite channels, and held the FIFA World Cup broadcasting rights for three terms in the Middle East. It also invests in the sectors of healthcare, food processing, real estate development, transportation and recently IoT and smart cities solutions. As Dallah marks its 50th anniversary in 2019, nothing can be more appropriate than entering the young and growing market of 5G that will impact everybody everywhere.
Qualcomm Contact: Mauricio Lopez-Hodoyan - Investor Relations
P: 858-658-4813 - E: ir[.]qualcomm.com.