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Technology Stocks : Nokia Corp. (NOK)

NOK 6.070

-1.3%

Dec 5 3:59 PM EST

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To: Dexter Lives On who wrote (4237)	10/5/2006 11:38:49 AM
From: Eric L	Read Replies (1) of 9255

Nokia on QUALCOMM from the 10/3 & 10/4 Nokia Technology Media Briefing "I wouldn't say the sooner the better for us. ... Time is not money for us. It's business as usual … That date can come and it can go – but it's a risk factor for Qualcomm. ... [Negotiations are] complex [because the IPR situation has become a lot more complex.] It's not just cross-licensing any more. ... " - Ulla James, Nokia - Rob, Interesting. QUALCOMM has devoted a great deal of emphasis on the approaching expiration of the 2001 Nokia licensing agreement. By contrast Nokia has devoted comparatively little. While Anne Morris didn't mention it in the Total Telecom article you linked, Nokia held a two day Nokia Technology Media Briefing on Tuesday and Wednesday of this week for "technology editors and media only." One of the presenters was Ulla James, Director, IPR Strategic Marketing and evidently her remarks (including responses in Q&A and separate interviews) are the source of the remarks attributed to her by Total Telecom. Her slides presented at that event are here: tinyurl.com Ulla James is a 20 year Nokia veteran who for years has been a fixture as host and coordinator of Nokia earnings CC's and other events and she was promoted from VP of Investor Relations to Head of Finance and Strategic Marketing earlier this year but hasn't had a lot of visibility lately. She has a M.Sc. (ME) in Technology from Tampere University of Technology (1985) and M.B.A. from Helsinki School of Economics (1988). Given Ms. James current role her comments can be considered as calculated rather than casual. They reinforce my opinion that Nokia and QUALCOMM will settle and renew and extend their licensing agreements), that it is highly possible that won't happen until after the April 2007 expiration. Other presentations at the Nokia Technology Media Briefing are here: nokia.com Some of the presentations are available as MP3 format podcasts but (at least at the moment) Ulla's is not. Best, - Eric -

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