Qualcomm today announced roping in of partners, Global Holding Corporation and Tulip Telecom for its BWA foray in India. Qualcomm has BWA spectrum in four circles.

Under the new arrangement, the three companies will form a joint venture with the Indian companies holding 13% stake each and the remaining 74% will be held by Qualcomm. The deal is subject to approvals from the relevant government agencies.

Global Holding Corporation is the holding company of the Global Group that has interests in the telecom infrastructure space.

“Our objective was to secure initial shareholders who are operator-neutral, yet bring strong telecom and broadband experience, and we are extremely pleased we met that objective with Global Holding Corporation and Tulip Telecom,” said Kanwalinder Singh, president of Qualcomm India and South Asia and senior vice president of Qualcomm.  “With our initial shareholders, and operators we intend to bring into the venture in the future, Qualcomm will facilitate accelerated deployment of LTE in concert with 3G HSPA and EV-DO networks, which protects and enhances the significant investment made by Indian operators in securing 3G and BWA spectrum.”

“We are delighted to collaborate with Qualcomm, a world leader in wireless technologies, to enhance the broadband penetration in India by making mobile broadband a mainstream phenomenon,” said Manoj Tirodkar, founder of the Global Group.  “Global Group brings extensive experience and strategic advantage in the network services and telecom tower infrastructure space.”

“Tulip is extremely pleased to collaborate with a global technology leader like Qualcomm in this venture,” said Lt. Col. (Retd.) H.S. Bedi, chairman and managing director of Tulip Telecom Limited.  “As one of the largest enterprise data service providers in the country, Tulip Telecom considers this as an opportunity to play a significant role in addressing the demand for high-bandwidth mobile broadband services in some of the highest density telecom circles in India.”

Qualcomm won BWA spectrum in the circles of Delhi, Mumbai, Haryana and Kerala.

It is a well known fact that Qualcomm has put its stake in the BWA space to push TD-LTE technology against WiMAX.