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Technology Stocks : Nokia Corp. (NOK)

NOK 6.585

+0.8%

Dec 24 12:59 PM EST

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From: Grad B	4/12/2007 5:13:31 AM
	Read Replies (2) of 9255

Who's telling the truth? Excerpt from Nokia's 4-12-07 press release: "Nokia today confirmed that until 2007 it has paid less than 3 per cent aggregate license fees on WCDMA handset sales under all its patent license agreements. This number represents Nokia's aggregate gross royalty payments made under all the numerous patent license agreements applicable to its WCDMA handsets. It excludes infrastructure related royalties and all royalty income collected by Nokia. The above WCDMA handset related royalty payments made by Nokia include all WCDMA handset royalty payments made to Qualcomm" Full press release here: nokia.com Excerpt from Qualcomm's 4-5-07 press release: "Nokia's claim that it has been paying cumulative royalties of no more than 3% on WCDMA products sold through 2007 is intentionally deceptive and misleading. Nokia has been paying a royalty on WCDMA handsets in excess of 3% to QUALCOMM alone." Full press release here: qualcomm.com

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