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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.690.0%Dec 24 12:59 PM EST

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To: Ken S. who wrote (62470)4/12/2007 8:14:04 AM
From: blimfark  Read Replies (1) of 197028
 
This Thompson's release quotes as it's source the Market Watch piece below. I think we are all getting excited about the repackaging of an old story. Nothing appears on the NOK website.

By Sarah Turner
Last Update: 3:55 AM ET Apr 12, 2007
LONDON (MarketWatch) -- Finnish mobile phone maker Nokia (NOK : Nokia Corp
NOK23.38, -0.36, -1.5%) said that it paid less than 3% aggregate license fees on WCDMA handset sales under all its patent license agreements until 2007. This number represents Nokia's aggregate gross royalty payments. It excludes infrastructure related royalties and all royalty income collected by Nokia. The WCDMA handset related royalty payments made by Nokia include all WCDMA handset royalty payments made to Qualcomm. From April 9, 2007, Nokia contractually has a fully paid up license covering Qualcomm's early patents and those patents are licensed to Nokia royalty free for its handsets going forward in perpetuity. Therefore Nokia's licensing agreements with Qualcomm for the future will focus only on the terms for Qualcomm's newer patents.
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