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