Ericsson Confirms First LTE License Agreements
Ericsson has confirmed that it has signed license agreements for LTE essential patents. The company also confirmed that licensing arrangements will be made according to its proportional share of the standard IPR that relates to the relevant product category.
Ericsson also said that it honors general industry practice by ensuring a maximum cumulative rate on LTE technology not exceeding a single-digit rate. This is achieved through bilateral negotiations undertaken in good-faith.
Kasim Alfalahi, Vice President and Head of IPR Licensing and Patent Portfolio at Ericsson says: "This is an important milestone for us to demonstrate our LTE leadership. We aim to strike a balance between providing value for our customers and earning a fair return on our significant R&D investments when other parties have the opportunity to benefit from them."
Posted to the site on 23rd June 2009
