Tuesday, July 05, 2005

NOKIA NOT TAKING IT SITTING DOWN: After a devastating arbitration ruling, Nokia is considering contesting an arbitration court's decision in a patent dispute with U.S. wireless technology firm InterDigital.

InterDigital said last week the decision by the International Court of Arbitration meant the world's biggest mobile phone maker would have to pay up to $252 million in royalty payments for technology it used during 2002-2006.

Nokia did not specify the size of royalty payments it would have to pay to InterDigital but said one of the three arbitrators had disagreed with the panel's final decision, opening the door to change the outcome.

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