When Verizon Wireless recently announced that its move in the 4G race would be to select LTE, many analysts said that the decision could have a severely negative impact on companies like Qualcomm which have a strong foothold in CDMA-based technology. However Qualcomm says that it isn’t worried about the decision and may even benefit from Verizon’s move. The company says that they’re a major supporter of LTE technology and that they’ll work to help Verizon Wireless in the deployment of that technology. At the same time, they note that it will be a long time before CDMA technology is completely eliminated and that they’ll be able to benefit from that business for years to come.