San Diego – Wireless developer Qualcomm (NASD: QCOM) will shutter the
direct-to-consumer version of its FLO TV mobile TV subscription service by
year’s end, PaidContent reported, citing sources.
The company is reportedly in
talks with distribution partners AT&T (NYSE: T) and Verizon (NYSE: VZ) about the future of FLO
TV, which launched via partners in 2004 and debuted its direct-to-consumer
version in 2008.
The spectrum alone dedicated to FLO TV is "worth almost
$2 billion," Qualcomm CEO Paul Jacobs told PaidContent this summer.