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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Ibexx who wrote (12426)	7/3/2001 10:06:16 PM
From: Kayaker	Read Replies (1) \| Respond to of 197352

There seems to be some ambiguity regarding the handset royalties. MorningStar apparently adopted the Eurocentric view which, as I understand, is different from that expressed by Qualcomm. The folks at Morningstar think that NOK has never paid royalties on CDMA handsets, and that this deal does not cover handsets. Their "analyst" is incompetent. ...because handset leader Nokia doesn't pay a licensing fee on its phones embedded with the code division multiple access (CDMA) technology pioneered by Qualcomm. This announcement still does not cover handsets... As has been pointed out today, NOK and QCOM negotiated a deal on handsets back in 1992, and as stated in today's press release "Nokia will continue to pay royalties to QUALCOMM for subscriber equipment at the same rates established by the terms of the original cross-license agreement in 1992, irrespective of the CDMA standard implemented." So, NOK and QCOM have negotiated a new deal on handset royalties that has NOK paying at the old rates. If NOK wants to call that a no-new-deal deal, let 'em. At least they're consistent. What else would you expect from them?