“Broadcom bagged Verizon in the latest twist to the ongoing patent tug-o-war with Qualcomm,” Scott Moritz reports for TheStreet.com.
“The Irvine, Calif., communications-chip maker says it has signed a licensing deal with Verizon Wireless — co-owned by Verizon and Vodafone — to allow previously banned 3G phones into the U.S.,” Moritz reports.
Moritz reports, “The deal calls for Verizon to give Broadcom $6 for every phone and wireless data card that has the disputed wireless technology that federal trade regulators banned. ‘We are pleased to have worked out an agreement with Broadcom to ensure continued delivery of new and innovative products to our customers,’ Verizon Wireless CEO Lowell C. McAdam said in a press release.”
Moritz reports, “The licensing deal is also good news for Motorola. Among the phones affected by the ban was the Razr 2, the new flagship phone that is expected to help Motorola win back sales it has lost to rivals like Nokia, Samsung, Research in Motion and Apple.
Full article here.
Desperate much, Verizon? That’s one (expensive) way around the ban, but the fact remains that Apple’s iPhone has no real competition. AT&T could cut the speed of EDGE in half tomorrow and we’d still never give up our iPhones! RAZR 2, pffft. The bloodbath is underway.