InvestorsHub Logo
icon url

Learning2vest

07/21/05 12:45 PM

#119841 RE: laranger #119835

Ranger,

Maybe Jorma can feel Bill M's grip tightening around more than "just" what Nokia owes IDCC for 2G TDMA/GSM. Based on what we have been told so far, Nokia owes something like $250 million for "just" the GSM stuff they have sold/will sell before 2007.

What about all of those 3G base stations Nokia has been selling? The "true up" payments that Nokia has to be looking at before bringing their 3G license agreement with IDCC "current" could be ANOTHER big number for old Jorma to swallow.

Hey Jorma! From where this interested observer is sitting, it sure looks like BOTH of those numbers are only going to get BIGGER. Remember that old ad about transmission repair? Seems like it went something like "You can pay me now, or you will end up paying me a lot more later." Tic, toc....