In a surprising turn of events, the collaboration between Qualcomm Inc. (NASDAQ:QCOM) and Iridium Communications Inc. (NASDAQ:IRDM), aimed at introducing satellite connectivity to Android phones, has been abruptly discontinued nearly a year after its initiation.
What Happened: Qualcomm had launched Snapdragon Satellite platform in a joint enterprise with Iridium in January with the goal of enabling satellite-based SMS and emergency messaging on high-end Android smartphones.
However, Iridium revealed on Thursday that Qualcomm had decided to terminate their partnership, effective from Dec. 3, reported PCMag.
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