Monday, June 22, 2009

Ericsson Confirms First LTE License Agreements

Ericsson has signed license agreements for LTE essential patents. The company said it is a strong advocate for reasonable aggregated royalties and will take a lead role in licensing its technology to promote a healthy market. This builds on Ericsson's present global licensing program for GSM/WCDMA, now composed of more than 80 agreements and generating significant revenue.

Ericsson claims to hold the industry's strongest LTE patent portfolio with a substantial number of standard essential patents that are key to developing 4G/LTE products.