FLO TV losing money, Qualcomm looking for an out?

So evidently founding and operating a published mobile TV business isn’t any mean feat: as mocoNews points out, there is spectrum to be purchased and transmission towers to be networked — all before one can sell electronics manufacturers on carrying your chipset in their devices. Unfortunately for Qualcomm, it appears like FLO TV has been something under profitable, a reality that CEO Paul Jacobs owned up to inside the company\’s Q3 conference call. What is there to be done, then? Jacobs been decidedly tight-lipped, only saying that there were \” a whole lot of interesting discussions\” and that it (whatever \” it\” is) will go down \” inside the next year.\” As the AP points out, there are a couple of possibilities: the business may well be sold to a third party, for which Qualcomm would provide the chipsets. Qualcomm could acquire an organization that already supplies mobile services (GPS or satellite radio, for example) that wishes to add mobile TV. Or, with spectrum being at this sort of premium, they may just shut down the network and use the spectrum for something else. It\’ll be interesting to determine what happens, although we\’re pretty sure what won\’t happen: we probably won\’t be buying a Personal Television any time soon.