Qualcomm unveils Wi-Fi 7 platform, set to enter broadband carrier market
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Qualcomm (NASDAQ:QCOM) announced on Wednesday its new Wi-Fi 7 carrier gateway platform, with which it will enter the fiber broadband carrier market.
The San Diego-based semiconductor company will now sell to companies such as Spectrum, owned by Charter Communications (CHTR), AT&T (T) and others, providing them with an end-to-end solution. In addition, Qualcomm (QCOM) will be offering a new software service that allows the network to manage all the devices.

Qualcomm (QCOM) senior vice president Rahul Patel said the new offering expands upon previous offerings and is the direct result of the OptiCore acquisition from earlier this year.
"Integrating OptiCoreâs XGS-PON solution complements Qualcomm Technologiesâ leading Wi-Fi 6/6E and 7, Mesh Wi-Fi, Ethernet and 5G FWA technologies to accelerate broadband innovation and custom subscriber services weâre announcing today," Patel said in a statement obtained by Seeking Alpha.
Qualcomm (QCOM) shares are up roughly 3% year-to-date.


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