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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 176.18+2.0%10:15 AM EST

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To: Jim Mullens who wrote (54624)8/17/2006 2:34:12 PM
From: pyslent  Read Replies (2) of 196450
 
Nokia (NYSE: NOK ) announced today that it has filed a complaint against Qualcomm with the Delaware Court of Chancery in the U.S. Nokia is asking the Court to order Qualcomm to abide by its written contractual obligations to international standards setting organizations to license intellectual property essential to GSM and UMTS technology standards on fair, reasonable, and non-discriminatory (FRAND) terms.

It is possible to interpret the above PR excerpt as saying that Qualcomm has a general FRAND agreement that covers any and all essential patents applicable to either GSM or UMTS. That would not be a concession that such essential patents exist. IMO, without an "its" in front of "intellectual property," there's room for interpretation either way.
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