InterDigital Inc (IDCC)

[ELI_R]

I believe IDCC essentially forgave most of 2g except for that portion of the Samsung license that gets attributed through 2010. Let's remember that Samsung was still appealing the award for 2g IDCC was given in arbitration. That money, IMO, was always there to be negotiated away as part of a 3G rate going forward. Let's remember that MOT paid no 2g money and SNE settled and paid, what, 30 million. I believe this deal passes the 3g rate smell test for both SNE and MOT if we have to go to court to get a 3g rate set. The fun will be with NOK as they complain about the amount they paid for 2g (250 million plus) and IDCC counters with the consideration they gave NOK for that with forgiving 3g until 2006 by terminating their 3g license at the time. I believe IDCC could also argue with Nok about money Samsung had paid towards 2g in the 90's that could make setting the 3g rate with Nokia interesting.

IMO,

Eli