Nokia makes payment to Qualcomm for right to use UMTS patents after April 9, 2007

Nokia announced today that it has paid Qualcomm USD 20 million for patent licenses covering the second quarter 2007. Nokia and Qualcomm have had patent license agreements since 1992 and Nokia’s obligations to pay license fees under the old agreements partially expire on April 9, 2007. The payment announced today does not extend, and is not related to, the old agreement. Rather, it is based on the licenses that Qualcomm has agreed and provided through the European Telecommunication Standardization Institute (ETSI).

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Oluniyi D. Ajao
Oluniyi D. Ajao is an Internet Entrepreneur and Tech Enthusiast based in South Africa. Follow him on twitter @niyyie for more tech updates.

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