QUALCOMM Incorporated's Schedule 13G Filing for MNTN, Inc.

QUALCOMM Incorporated has filed a Schedule 13G with the SEC, disclosing its beneficial ownership of 5,126,715 shares of Class B Common Stock in MNTN, Inc., representing 9.6% of the total shares. The filing indicates that QUALCOMM has sole voting and dispositive power over these shares. The Class B Common Stock is convertible into Class A Common Stock, with each share of Class B entitled to ten votes compared to one vote per share of Class A. The filing also notes that the shares will automatically convert into Class A shares upon transfer, except for certain permitted transfers. The filing was made under Rule 13d-1(d) and was signed by Adam Schwenker, Assistant Secretary of QUALCOMM Incorporated.