This is a long and complex process that has to satisfy everyone around the world. The ITU is a function of the U.N. Carefully wording this so that what I'm saying is clearly understood, the ITU has a certain criteria it follows when it issues a recommendation. Note the word "recommendation". It, first off, is non-binding even if one is issued.
Secondly, if you go to the ITU homepage and then go to IMT 2000 and lookup IPR <sorry I'm doing this in a hurry and I posted the URL in the "other thread">, they have three criteria about the IPR issue. One, the company waives their IPR rights, which makes the decision real easy. Two, the company makes their IPR's in a nondiscrimatory manner to parties that wish to use them. Which leads to three, the IPR issue can't be resolved and no recommendation will be made. So two and three are semi-linked.
Qualcomm and Ericsson made up, which should have led the way for a harmonization process that satisfied all concern, CDMA One, GSM and TDMA. Enter the shot across Mothership Rotomola bow. You are acting in a discrimatory manner against a major telecommunication concern, or at least you can make a case of it. Also, you have rumours about China thinking the licensing and royalty is too high, etc. etc. ad nausem. Whether any of the rumours have merit, well for one that has followed this story for a very long time, we have heard plenty over the years.
This brings many folks to a written conclusion in some of the more discrete technical journals (IEEE rag) to editorialize that 3G "may" not happen and that folks will go their choosen way. US doing it three head monster, Japan and/or Asia doing it's thing and Europa it's.
How does it affect the stock? <Shrugging> How does any momentum played stock act when confronted with some bad news? Whether any of the bad news comes to pass, that speculation, just as much as it is speculation it will be good news. The fat lady has NOT sung yet. It's had a great run based on two strong Q's without 3G and don't think that it will change much if 3G doesn't become a harmonized reality. |
