Press Release posted by Michael Oryl on Monday January 24, 2005.
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ESPOO, Finland, January 24/PRNewswire-FirstCall/ -- Nokia, headquartered in Finland, and Vitelcom, headquartered in Spain, announced today that they have agreed to settle pending lawsuits between them before the Spanish and German Courts.
The companies have entered into a royalty bearing patent licence agreement covering certain Nokia patents relating to the GSM/GPRS Mobile Communication Standard and the grant of a cross licence to Nokia under Vitelcom patents in the same field.
Nokia is a leading owner of essential patents for GSM and GPRS technologies. It has a particularly strong patent portfolio for improved voice quality, mobile data and usability of mobile phones. Nokia has an essential patent licensing program to allow new manufacturers to make GSM and GPRS phones at fair and reasonable licensing terms.
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations. www.nokia.com
Vitelcom Mobile Technology is a Spanish company established in the Technological Park of Andalusia (Malaga/Spain), whose principal activity is the design, development and manufacture of mobile telephones relying on solutions based on GSM/GPRS/EDGE and other technologies.
Vitelcom is the first European manufacturer of i-mode(*) handsets, leading different segments of the mobile telecommunications industry. Vitelcom has R&D centers in Spain, France and India and commercializes its products in more than twenty countries.
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