Swedish telecom equipment maker Ericsson (ERICb.ST) on Monday said it has signed a patent license
agreement with Apple Inc (AAPL.O) but did not specify how much it would earn
from the deal.
Ericsson estimated however that its overall
revenues from intellectual property rights in 2015 would hit 13-14 billion
Swedish crowns ($1.52-$1.64 billion), including positive effects from the
settlement with Apple, up from 9.9 billion in 2014.
Last January, Ericsson filed a complaint against
Apple over mobile technology license payments, responding to a lawsuit from the
iPhone maker earlier that month.
Analysts had earlier estimated that if the
dispute with Apple went Ericsson's way, the U.S. firm would have to pay it
between 2-6 billion Swedish crowns annually, based on estimates of levels of
handset sales and royalty payments per phone.
(Reporting by Olof Swahnberg, editing by Terje
Solsvik)
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