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Tuesday, July 05, 2005 1:56:54 PM
"Nokia is pleased that all three arbitrators concluded that the royalties being sought by InterDigital were unwarranted and reduced them by more than half," the firm said in a statement.
What this can be interpreted to say (and I think it's what Nokia would say) is that all three thought IDCC's amount was too high. The agreed upon amount was less than half of what was asked. So the Nokia arbitrator could have said it was zero. Of course, the IDCC arbitrator might have said it was $100 less than what IDCC wanted and their statement would still be true. Just spin-misters playing with words. All that matters is the amount and timing of the payments.
The Count
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