Nokia to pay 201 MEUR in patent dispute

The patent dispute is regarding a 2G mobile technology patent licence agreement dating back to 1999. "The settlements resolve the legal disputes related to 2G products. Under the settlement agreements, Nokia obtains a fully paid-up, perpetual, irrevocable license to all of InterDigital's current patent portfolio, and any patents InterDigital may later acquire, for purposes of making or selling 2G products, including handsets and infrastructure," Nokia said in the statement. "By terminating the current licence agreement the parties can have a fresh start to negotiations on solving 3G questions", William Merritt, the chief executive of InterDigital, told AFP.