InvestorsHub Logo
Followers 27
Posts 3920
Boards Moderated 0
Alias Born 01/02/2003

Re: None

Monday, 03/12/2007 1:39:16 PM

Monday, March 12, 2007 1:39:16 PM

Post# of 433311
IDCC is free to sue Nokia for patent infringement effective 1/1/07 according to Nokia's 20f filed today. See page 112 of report. I didn't think the date would be much longer and at least now we know they are free to go after the Finish Scumbags!



Further, the settlement terms also resolved a pending legal action in the United Kingdom involving IDT’s alleged 2G patents. The IDT settlement terms did not address any prospective 3G license terms, however, Nokia’s sale of 3G products was fully released thru the date of the settlement agreements. Additionally, IDT agreed not to initiate patent infringement claims against Nokia prior to January 1, 2007. Notably, Nokia and IDT currently have pending legal disputes in the United States and United Kingdom regarding IDT’s alleged 3G patents and certain Nokia patents declared essential to 3G, and the settlement terms did not have any impact on those pending disputes. Nokia will vigorously defend itself in these disputes.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDCC News