Nokia To Evaluate Options In Interdigital Dispute

STOCKHOLM -(Dow Jones)- Nokia Corp. (NOK) will evaluate its legal options before it proceeds with talks over royalty payments with Interdigital Communications Corp. (IDCC) on some patents owned by Interdigital, a spokeswoman told Dow Jones Newswires Thursday.

Interdigital earlier Thursday said the United States District Court for the Southern District of New York confirmed a final award rendered in June by arbitration court.

Based on the arbitration award, Interdigital estimates Nokia owes it $232 million to $252 million for the period 2002 through 2006.

"It's premature to discuss what the sums will be," said Nokia spokeswoman Riitta Maard.

Maard said Nokia may start negotiations with Interdigital once it has evaluated its legal options.

Nokia has an ongoing relationship with Interdigital and continues to use the company's patents.

Maard wouldn't disclose if or how much money Nokia has reserved for an eventual outcome in the dispute with Interdigital.

-By Magnus Hansson, Dow Jones Newswires; +46 8 545 130 91; magnus.hansson@dowjones.com

(END) Dow Jones Newswires "

Posted to the site on 29th December 2005