Here's a welcome change from the mobile industry: a licensing agreement instead of legal action.
Motorola and Nokia have extended their existing intellectual property licensing agreement to include 4G technologies, such as LTE, WiMAX and LTE-Advanced. The terms of the agreement are confidential.
Kirk Dailey, corporate vice president of intellectual property at Motorola Mobility, said "We are pleased to extend our existing IP licensing agreement with Nokia to include 4G technologies and are confident this agreement will help foster continued innovation and technological advancement for the telecommunications industry. Motorola is committed to leveraging the strength of its industry-leading intellectual property portfolio for the benefit of its customers, partners, shareholders and licensees."
There was a similar message from his opposite number at Nokia. Paul Melin, Nokia's vice president of intellectual property, said "We are pleased to conclude this extension of our IP licensing agreement, which is a great example of the value that Nokia realizes from our industry leading patent portfolio. This agreement also shows that the industry is making fast progress in resolving LTE licensing issues between the major patent holders. LTE has now become a key element of Nokia's licensing program, and we expect strong returns for our pioneering development."