A postponement, backed by President Barack Obama and passed by the Senate, required two-thirds House support for passage. Democratic House members may try again next week, but with amendments that would require only a simple majority for approval, according to a Reuters report.
Qualcomm is one corporation that could lose tens of millions of dollars if there is a delay, according to a January 27 report in The Wall Street Journal. The company invested hundreds of millions of dollars in equipment and wireless licenses, to be used immediately after the switch.
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