Qualcomm opens R&D center in Shanghai; Sprint signs $2.1B credit facility

Quick news from around the Web:

@FierceWireless: The 2010 FierceWireless Fierce 15 startups aim to solve industry problems, tap new markets. Commentary | Follow @FierceWireless

> Qualcomm opened of a new, multi-million dollar R&D center in Shanghai that will focus on advanced chipset solutions. Release

> Sprint entered into a new $2.1 billion unsecured revolving credit facility to replace its $4.5 billion credit facility that was due to expire in December. Article

> A leaked spec sheet for the Motorola Droid Shadow smartphone reveals the phone will run MotoBLUR software and run Google 2.1 software. The phone is expected to debut with Verizon Wireless in July. Article

> Sprint's prepaid brand, Assurance Wireless--which provides free service to those living under the poverty line--launched in Texas and Maryland. Release, release

> The LG Fathom smartphone will be available in Verizon Wireless business sales channels May 27 and online and in Verizon retail stores beginning June 3. Release

Mobile Content News

> AT&T and LG Electronics announced the June 6 retail launch of the LG Vu Plus, the operator's latest AT&T Mobile TV-enabled device. Article

> T-Mobile USA has removed the latest software update for HTC's Windows Mobile-based HD2, citing issues during download as well as additional bugs following successful downloads.  Article

> Bitstream announced the commercial release of its free Bolt 2.1 mobile browser, promising support for HTML5 video. Article

Mobile Broadband News

> Germany's auction raised just half of what was expected. Germany's telcos paid a total of $5.5 billion for a total of 41 spectrum blocks. Article

> India launched a spectrum auction for broadband wireless access. Eleven companies are bidding, including Qualcomm and top Indian wireless operators such as Bharti Airtel and Vodafone Essar. Article (sub. req.)

European Wireless News

> Will Europe lose its crown to China? Commentary

> France Telecom is hinting that the company is looking for medium-sized acquisitions in emerging markets. Article

> Alcatel-Lucent CEO, Ben Verwaayen, believes that the eventual success of his struggling company will be driven by operators expanding their mobile Internet capabilities. Article

And finally... 60 Minutes reporter Morey Safer interviews Marty Cooper, the father of the cellular industry. Video