Replies to post #16801 on InterDigital Inc (IDCC)

[spider69]

okiebug, I don't have a post at hand but I am certain this is how it was spelled out in the cc and again in the 10-K. The ERICY settlement was the framework for both NOK and Samsung paying on 2G/2.5G. Howard stated the dollar amount he thought each would owe for both 2002 and 2003. He went on to say however, that the contracts signed by IDCC, Samsung, and NOK allowed for a period or review and negotiation after ERICY was resolved. IF there were still problems arriving at an agreeable number that arbitration was also alotted for within the contracts. Someone asked him about the timeframe and he alluded to a very short time for these negotiations and review. He also stated in the cc that he DID NOT foresee this being a problem that would have to go as far as arbitration. He was not competely specific with days, weeks, or months but said very short. If I missed something please someone add/correct


Also this had absolutely NOTHING to do with NOK 3G situation that everyone is harping about. It was a completely seperate issue in regards to having a major manufactuere sign before NOK gets on board for 3G. Teecee confirmed with Janet that an ERICY license would suffice for NOK 3G license to go forward. Seems plain and simple to me, NOK doesn't want to be first,amongst the big guys, to sign