InterDigital Inc (IDCC)

[NukeJohn]

Many people will read this presentation and not understand what it really means.....

Here's what I think it means.....

http://www.rcrwireless.com/article/20101005/REALITY_CHECK/101009980/0

excerpt....

This makes for bullish predictions regarding M2M, such as Strategy Analytics' expectation that the global mobile M2M market will reach $57 billion by 2014. 3G networks will support circuit-switched voice and mobile broadband services for many years to come, and M2M only strengthens the business case for continued investments in 3G technologies.

Many wireless operators and device manufacturers are embracing M2M as they seek new ways to add affordable wireless connectivity to a growing number of previously isolated machines. In addition to its sheer number of connections, M2M allows operators to more fully utilize their 3G network data capabilities, increase revenues and enjoy reduced churn rates.

This M2M market is currently very small and not generating that much revenue, but it is growing in leaps and bounds. IDCC already has > 50% of this market licensed and several new licenses are announced every year. Before long, I think IDCC will have >75% of this market licensed. Although we don't know the license rate, one can speculate. If it is only 1%, we are still talking hundreds of millions of dollars. The market has not included any of this M2M revenue in their valuation of IDCC.

It also appears the European Telecommunications Standards Institute (ETSI) is already fully on board with IDCC.

http://m2m.tmcnet.com/topics/m2mevolution/articles/103766-interdigital-demonstrates-wireless-m2m-communications-prototype-etsi.htm

JMHO,

NJ