Nokia has finally paid out £150m and settled its patent dispute with InterDigital over unpaid licence fees for...
2G and 2.5G mobile phone technologies.
The two parties had a licensing agreement going back to 1999, but Nokia had been unhappy when InterDigital started selling similar technology to Ericsson and Sony-Ericsson.
Nokia claimed it was being unfairly affected by this additional agreement and refused to pay up, despite previous rulings on the issue.
At the beginning of this year a US court ordered Nokia to pay up to £150m to InterDigital, but Nokia has only now paid up.
Previously, the International Chamber of Commerce had also said Nokia should pay the royalties InterDigital had claimed, but Nokia had disputed the amount.
InterDigital threatened further legal action to get what it was owed and Nokia has paid out in line with the US court’s decision.
Nokia has still licensed InterDigital’s technology indefinitely following the settlement.