News broke yesterday that Qualcomm would be shuttering its FLO TV service and the company has just relased a statement that says direct to consume sales of hardware have been halted and that service will continue into next spring. If you subscribe to FLO TV services through your mobile phone carrier, it seems your service will not be affected. Should Qualcomm decide to shut down the service altogether, you will be notified ahead of time and refunds will be distributed. The statement goes on to say that there’s “strong interest in using the FLO TV network or spectrum.” It seems as though the spectrum or network could be repurposed to address the imbalance of available bandwidth and demand from other mobile devices and tablets. A portion of the employees working on FLO TV will be redeployed or laid off, said Qualcomm.
Press release after the jump.