The creator of Ultra Mobile Broadband has ceased work on the wireless technology in order to focus on their long term goals.
Qualcomm intended for UMB to compete with the likes of WiMAX, with hotspots allowing users within range to get online, supplementing 3G technology.
This worked by allowing data operators to offer higher upload and download speeds to their customers, especially in the case of streaming videos and other bandwidth-consuming internet activities.
The company is now concentrating its efforts on a new 4G technology called Long Term Evolution (LTE) which is expected to rise to prominence in coming years.
Global operators such as China Telecom, Bell and Telus have all decided to turn their attention to LTE in recent times.
Silicon.com reported Qualcomm chief executive Dr Paul Jacobs as saying: "We weren't getting as much traction as we'd like.
"We took the resources off that, we put them onto our LTE programme but in addition, we put them on the LTE advanced programme where we believe there's a great opportunity to actually significantly increase the performance of the network."