Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: JGoren who wrote (149233)	4/7/2007 6:29:56 PM
From: lml	Read Replies (1) of 152472

I can't remember; has Qcom ever used the terms "paid up" to describe the license on the cdma early patents? I have always interpreted NOK's use of those words as: "we don't owe any quarterly royalty from April 9, 2007 through December 31, 2008" so they are effectively paid up, but we have the right to continue to use those patents." I always thought that if the original patents haven't expired by "end of 2008", NOK has to re-up somehow at that time. I can't see how NOK can interpret words of "paid up" as not owing quarterly royalty payments during the option period. The FACT that the option is one of "renewal" of an existing contract about to expire suggests that the obligation to make royalty payments is a "continuing" one, not one that ceases irrespective of "continued" use of the benefits under an expired contract -- the right to use Q's IP in the manufacture & sale of it WCDMA chips.

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