Blog Post

Qualcomm Considering Spinning-Off MediaFlo To Shareholders

So it says itself, in its latest 10-Q, filed earlier this week with SEC. Just a small one line mention: “We are evaluating a number of corporate structuring options, including distributing our ownership interest in MediaFLO USA to our stockholders in a spin-off transaction.”
Also in 10-Q, MediaFlo USA had assets of $190 million at March 26, 2006.