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InterDigital announces license agreement with Nakayo

KING OF PRUSSIA, Pa.-InterDigital Communications Corp.’s InterDigital Technology Corp. subsidiary has signed a patent license agreement with Nakayo Telecommunications Inc. covering wireless terminal units and infrastructure compliant with TDMA-based PHS standards.

Nakayo, which manufactures telecommunications equipment for the Asian market, will pay ITC an advance royalty payment and a one-time license fee as well as additional royalties on each licensed product sold through the life of the licensed TDMA patents.

This is the third mobile device licensing agreement ITC has announced this week.

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