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Wireless Makers Work Out Deal for Faster Net

Posted Apr 15, 08 2:26 PM CDT in Technology 

(Newser) – Big wireless equipment companies have worked out a royalty deal allowing for the adoption of new technology that should speed up the wireless web. The companies have agreed to limit the royalties they charge each other for patents related to a technology called long-term evolution, or LTE, reports the Wall Street Journal. The competing patents could have held off development of new, faster networks.

A Nokia exec called the move "a step towards establishing more predictable and transparent licensing costs in a manner that enables faster adoption of new technologies."

Source Wall Street Journal

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Verizon Wireless today announced the XV6900 will be available in April. The Verizon Wireless XV6900 is a stylish, compact and versatile touch-screen phone, optimized for easy navigation with the swipe...   (AP Photo)
A BlackBerry Pearl is pictured at the CTIA wireless show at the Las Vegas Convention Center on Wednesday, April 2, 2008 in Las Vegas.   (AP Photo/Isaac Brekken)
Smartphones like the BlackBerry(R) Curve(TM) 8330 may have access to faster networks thanks to the royalty deal.   (AP Photo)
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