QUALCOMM Inc. (QCOM)

Definitive Agreement to Acquire Atheros Announcement Conference Call

January 5, 2011 8:30 AM ET

Executives

Warren Kneeshaw – VP, IR

Paul Jacobs – Chairman and CEO

Steve Mollenkopf – EVP and Group President

Craig Barratt – President and CEO, Atheros Communications, Inc.

Bill Keitel – CFO, Principal Accounting Officer and EVP

Analysts

Brian Modoff – Deutsche Bank

James Faucette – Pacific Crest Securities

Simona Jankowski – Goldman Sachs Group

Maynard Um – UBS Investment Bank

Rod Hall – JPMorgan Chase

Mark Sue with RBC Capital Markets

Mark McKechnie – Gleacher & Company

Stacy Rasgon – Sanford Bernstein

Jonathan Goldberg – Deutsche Bank Securities

Romit Shah – Nomura Securities

Arnab Chanda – Roth Capital Partners

David Wong – Wells Fargo

Gus Richard – Piper Jaffray

Craig Berger – FBR Capital Markets

Alex Gauna – JMP Securities

Presentation

Operator

Ladies and gentlemen thank you for standing by. Welcome to the Qualcomm Announces Definitive Agreement to Acquire Atheros Conference Call. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session.

(Operator Instructions)

As a reminder, this conference call is being recorded January 5, 2011. The playback number for today’s call is 1800-642-1687. International callers, please dial 706-645-9291. The playback reservation number is 35060578. I would now like to turn today’s call over to Warren Kneeshaw, Vice President of Investor Relations. Mr. Kneeshaw, please go ahead.

Warren Kneeshaw

Thank you (Gillette). Good morning everyone and welcome to our conference call regarding announcement of Qualcomm’s pending acquisition of Atheros. Today’s call will include brief remarks by Dr. Paul Jacobs; Steve Mollenkopf, and Dr. Craig Barratt, President and Chief Executive Officer of Atheros. In addition Bill Keitel, will join the question-and-answer session. An Internet presentation and audio broadcast accompany this call, and you can access them by visiting www.qualcomm.com.

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