Qualcomm backs unlicensed 4G spectrum, invests in drone maker

Feb. 27, 2015 6:10 PM ETQUALCOMM Incorporated (QCOM)By: Eric Jhonsa, SA News Editor

Qualcomm (NASDAQ:QCOM) states its latest small cell base station chipsets (the FSM99xx family) and a new mobile device RF transceiver (the WTR3950) support 4G usage over the unlicensed 5GHz. band (currently used for Wi-Fi).
Though they can't act as a full replacement for mobile networks using licensed spectrum in lower frequency bands (both due to range and capacity limitations), 5GHz. 4G networks, referred to by Qualcomm as LTE-U, could help relieve congestion and act as a longer-range Wi-Fi alternative in high-traffic/density environments such as train stations, malls, and stadiums.
Qualcomm adds it has successfully carried out tests "prove co-existence between multiple LTE-U and Wi-Fi access points in ... unlicensed spectrum under extreme load conditions." Phones supporting LTE-U are expected in 1H16.
Separately, Qualcomm has led a $50M funding round for 3D Robotics, North America's biggest personal drone maker; 3D's drones will use Qualcomm's Snapdragon processors going forward. The funding comes a couple weeks after the FAA proposed commercial drone rules.