InterDigital Inc (IDCC)

[sinnet14]

Quoted from Nokia's 20-f:

In 1999, Nokia entered into a license agreement with InterDigital Technology Corporation (IDT) for certain technology that provided for a fixed royalty payment through 2001 and most favored licensee treatment from 2002 through 2006. The patents being licensed were subject to litigation by other manufacturers. In March 2003, IDT settled patent litigation with Ericsson and Sony-Ericsson and announced that it intended to apply the settlement royalty rates to Nokia under the most favored licensee provision. After failed attempts at negotiating a settlement, Nokia filed an arbitration demand seeking access to information necessary to an evaluation of the matter that has been withheld by IDT. IDT has responded with a counterclaim seeking to apply the Ericsson and Sony-Ericsson royalty rates to Nokia. An arbitration hearing was completed in January 2005 and an opinion of the arbitrators is expected in the next few months. Nokia does not believe that IDT's position has merit.