Friday, January 14, 2005 8:52:18 AM
If Ericsson wanted to stick it to Nokia through IDCC. Wouldnt right about now be the time to construct a 3G license with IDCC?
The timing of this last prepayment is kinda interesting to me right before arbitration.
12-Jan-2005
Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On January 10, 2005, InterDigital Communications Corporation's wholly-owned subsidiary, InterDigital Technology Corporation (ITC), received a payment of approximately $28 million from Sony Ericsson Mobile Communications AB (Sony Ericsson) under ITC's March 2003 license agreement with Sony Ericsson. The payment primarily consists of a pre-payment of estimated sales of Second Generation (2G) GSM/TDMA and 2.5G GSM/GPRS/TDMA standards compliant terminal units during 2005 and 2006. Consistent with past revenue recognition of pre-payments from Sony Ericsson, revenue associated with this pre-payment will continue to be recognized as Sony Ericsson reports the exhaustion of royalty pre-payments through the sale of licensed terminal units.
Moose
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