Webwire: Mosaid targets essential patents; France Tel close to Congo deal
Patent licensing firm Mosaid is taking on 2,000 patents considered essential to the operation of wireless networks by acquiring Core Wireless Licensing. The firm won’t pay for the patents - many of which were registered by Nokia - agreeing instead to pay royalties at a rate of 30%.
France Telecom is close to acquiring an operator in the Democratic Republic of Congo, as part of chief Stephane Richard’s plan to expand in the Middle East and Africa.
French ISP Iliad is standing by its full year forecasts, despite profit falling from €171.4 million in 1H10 to €145 million in 1H11. The figure is €11 million higher than analysts predicted.
Ericsson aims to quickly resolve a GSM and WCDMA patent dispute with ZTE, president Hans Vestberg says.
Samsung is launching a slew of new Galaxy smartphones, including a touchscreen unit that uses a stylus and a fresh device running the vendor’s Bada operating system.
AOL is not in talks to be acquired by another company or to go private, a source claims, despite rumors of meetings with bankers over a private equity investment.