In return for a one-time payment by QUALCOMM of $5.5 million, ITC has granted to QUALCOMM a fully paid, royalty-free, worldwide license to use and to sublicense ITC's existing CDMA patents and certain future CDMA patents to make and sell products for IS-95-type wireless applications, including, but not limited to, cellular, PCS, wireless local-loop and satellite applications.
IMO, that $5.5 million is probably the worse money IDCC ever made.
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