InterDigital Communications Corp. is trumpeting a complaint against Samsung Electronics Co. Ltd., alleging to the United States International Trade Commission that the Korean phone maker has engaged in unfair trade practices by importing handsets into the U.S. that infringe on three of InterDigital's 3G...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Credit Suisse First Boston lowered its 2007 EPS estimate on Sprint Nextel Corp. to 82 cents from 86 cents after the company reported fourth-quarter...
Kineto Wireless Inc., a supplier of unlicensed mobile access technology, has received $10 million in its latest round of investor funding. InterDigital Communications Corp. led the pack with an investment of $5 million while Kineto's existing investors supplied the remaining financing."We are pleased to...
Mosaid Technologies Inc. announced it will pay around $70 million to chipmaker Agere Systems for patents covering Wi-Fi and WiMAX technology."Agere invited more than 70 companies to bid on this portfolio of intellectual property assets, which includes several inventions patented by engineers working for...
InterDigital Communications Corp. increased its share repurchase program from $200 million to $350 million.The wireless technology provider said its board voted for the move due to "strong positive cash flow" in 2006 and the anticipation of "high levels of free cash" next year. The...
KING OF PRUSSIA, Pa.-Wireless technology developer InterDigital Communications Corp. announced that it expects to post between $62 and $63 million in fourth-quarter revenue, much lower than Wall Street's forecast of more than $100 million in sales. The company blamed its lackluster earnings mostly on...
KING OF PRUSSIA, Pa.—InterDigital Communications Corp. is crying foul over a request by Samsung Electronics Co. Ltd. to the International Chamber of Commerce for new arbitration relating to a patent royalty dispute. The ICC recently awarded InterDigital $134 million in its dispute over Samsung’s...
KING OF PRUSSIA, Pa.—InterDigital Communications Corp. has been awarded $134 million in past royalties, plus interest, from Samsung Electronics Co. Ltd. on Samsung's sales of GSM and GPRS/EDGE phones from 2003 to 2005, according to an international arbitration tribunal. The tribunal, operating under the...
KING OF PRUSSIA, Pa.—InterDigital Communications Corp. has been awarded $134 million in past royalties, plus interest, from Samsung Electronics Co. Ltd. on Samsung’s sales of GSM and GPRS/EDGE phones from 2003 to 2005, according to an international arbitration tribunal. The tribunal, operating under the...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. issued guidance for the third quarter, saying it expects to record revenues of between $67 million and $68 million. The guidance is below average analyst estimates of $69.02 million for the quarter.The company's third-quarter revenue predictions include $53...
KING OF PRUSSIA, Pa.—InterDigital Communications Corp. issued guidance for the third quarter, saying it expects to record revenues of between $67 million and $68 million. The guidance is below average analyst estimates of $69.02 million for the quarter.The company’s third-quarter revenue predictions include $53...
KING OF PRUSSIA, Pa.—InterDigital Communications Corp. announced a substantial boost in second quarter revenue from $38.6 million in the year-ago quarter to $296.6 million this year. The difference was primarily related to the resolution of InterDigital’s patent disputes with Nokia Corp. and Panasonic Mobile...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierR.W. Baird lowered its rating on Sprint Nextel Corp. to neutral from outperform...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. gave second-quarter financial guidance anticipating revenue of $291million to $293 million, without forecasting net profit. The company's revenue forecast includes a massive payment of $228 million from Nokia Corp. related to the resolution of a prior patent license...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.CarrierRBC Capital Markets started coverage on Dobson Communications with a sector perform rating...
KING OF PRUSSIA, Pa.—InterDigital Communications Corp. gave second-quarter financial guidance anticipating revenue of $291million to $293 million, without forecasting net profit. The company’s revenue forecast includes a massive payment of $228 million from Nokia Corp. related to the resolution of a prior patent license...
KING OF PRUSSIA, Pa.-Nokia Corp. has agreed to pay $253 million to InterDigital Communications Corp. to settle a long-running patent dispute between the companies, according to InterDigital. InterDigital's stock soared more than 20 percent on the news to around $27.01 per share. Nokia's stock...
KING OF PRUSSIA, Pa.—Nokia Corp. has agreed to pay $253 million to InterDigital Communications Corp. to settle a long-running patent dispute between the companies, according to InterDigital. InterDigital’s stock soared more than 20 percent on the news to around $27.01 per share. Nokia’s stock...
KING OF PRUSSIA, Pa.-Investors sent shares of InterDigital Communications Corp. skyward after the technology firm announced a $285 million deal with South Korean manufacturer LG Electronics Co. Ltd. In a filing with the U.S. Securities and Exchange Commission, InterDigital unveiled a five-year, non-exclusive patent...
KING OF PRUSSIA, Pa.-Investors sent shares of InterDigital Communications Corp. skyward after the technology firm announced a $285 million deal with South Korean manufacturer LG Electronics Co. Ltd. In a filing with the U.S. Securities and Exchange Commission, InterDigital unveiled a five-year, non-exclusive patent...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it will establish a timetable for discussions and possible future arbitration to resolve its 3-year-old dispute over royalties with Nokia Corp. ITC, an InterDigital subsidiary, said it hopes to enforce a July ruling from the International Chamber...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. scored another court victory as a New York judge confirmed a ruling that calls for Nokia Corp. to pay InterDigital around $250 million for patent licensing and technology development. The ruling stems from a contractual disagreement between Nokia...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. scored another court victory as a New York judge confirmed a ruling that calls for Nokia Corp. to pay InterDigital around $250 million for patent licensing and technology development. The ruling stems from a contractual disagreement between Nokia...
KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it will establish a timetable for discussions and possible future arbitration to resolve its 3-year-old dispute over royalties with Nokia Corp. ITC, an InterDigital subsidiary, said it hopes to enforce a July ruling from the International Chamber...
