Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 75.62
Bid: 75.58
Ask: 75.62
Change: 0.84 (1.12%)
Spread: 0.04 (0.053%)
Open: 74.90
High: 75.90
Low: 74.52
Prev. Close: 74.78
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

3rd UPDATE: NTP Sues Apple, Google, Other Smartphone Makers

Fri, 09th Jul 2010 17:56

(Updates with response from HTC and Motorola and comment from patent lawyer.) By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--NTP Inc., best known for getting a settlement from Research In Motion Ltd. (RIMM, RIM.T) over email technology, is shifting its legal sights to a number of smartphone makers, including Apple Inc. (AAPL) and Google Inc. (GOOG). NTP, which holds a number of patents but doesn't manufacture any products, filed a lawsuit Thursday in the U.S. District Court in the Eastern District of Virginia against Apple, Google, HTC Corp. (HTCXF, 2498.TW), LG Electronics Inc. (066570.SE), Microsoft Corp. (MSFT) and Motorola Inc. (MOT) over eight patents related to the wireless delivery of email to cellphones. Legal tactics increasingly have become common among technology players looking to defend their turf, intimidate competitors or extract an additional revenue stream through a forced licensing agreement. NTP has precedence--Research In Motion paid the company $612.5 million in a settlement to prevent a potential injunction of its popular Blackberry smartphones--which makes it a legitimate threat to other smartphone makers. "Use of NTP's intellectual property without a license is just plain unfair to NTP and its licensees," company co-founder Donald E. Stout said in a statement. "We took the necessary action to protect our intellectual property." NTP is a privately held company co-founded by inventor Thomas Campana to hold the patents on technology he developed throughout his career. NTP calls him "the inventor of wireless email." Campana, who died in 2004, held 50 patents. Apple and Microsoft declined to comment on the pending litigation. HTC and Motorola said they haven't seen the lawsuit. Spokesmen for the other sued companies weren't immediately available for comment. NTP has also launched patent-infringement suits against wireless providers such as AT&T Inc. (T), Deutsche Telekom AG's (DTEGY, DTE.XE) T-Mobile USA, Sprint Nextel Corp. (S), and Verizon Communications Inc. (VZ) and Vodafone Group PLC's (VOD, VOD.LN) Verizon Wireless. The litigation has been stayed pending a full review of the patents by the U.S. Patent and Trademark Office. NTP's aggressive legal tactics have led some critics to call the company a "patent troll." But Ron Epstein, a licensing lawyer hired by NTP to negotiate deals with the smartphone makers, said the intellectual property developed by Campana is legitimate and crucial to how wireless email is delivered today. The company is still open to further negotiations with the companies. "NTP is always open to talks to reasonable licensing terms," Epstein said. It's a logical move for NTP after settling with RIM and going through the re-examination process. "They've got an asset, and they're trying to get every dollar out of it that they can," said Mark Kesslen, a patent attorney for Lowenstein Sandler. Kesslen said the amount of the settlement will likely be less since the companies were well aware of the RIM suit and likely have some sort of technology "workaround" handy. Nokia Corp. (NOK, NOK1V.HE) and closely held email systems provider Good Technology Inc. have both signed licensing deals with NTP. The increasing amount of jockeying for position among smartphone manufacturers has created fertile ground for courtroom clashes. Last month, Apple filed a second complaint against HTC over software and technology for mobile devices after HTC launched a countersuit, embroiling the two deeper into their legal spat. RIM and Motorola recently settled a patent dispute, with RIM agreeing to a one-time payment and ongoing royalties to Motorola. At the same time, the pace of smartphone launches has accelerated. On the heels of the launch of the iPhone 4, a new Motorola Droid phone and a line of Galaxy S smartphones from Samsung Electronics Co. (SSNHY, 005930.SE) are expected in the coming weeks. -By Roger Cheng, Dow Jones Newswires; 212-416-2153; roger.cheng@dowjones.com (Nathan Becker contributed to this article.) (END) Dow Jones Newswires July 09, 2010 12:56 ET (16:56 GMT)
More News
14 Jun 2023 12:37

Vodafone boss: Hutchison deal doesn't change dividend policy

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle said the company's deal to merge its UK operations with that of CK Hutchison's did not affect its current dividend policy.

Read more
14 Jun 2023 12:30

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:17

LONDON MARKET MIDDAY: FTSE 100 up; Vodafone unveils UK mobile merger

(Alliance News) - The FTSE 100 index was higher at midday in London on Wednesday, buoyed by market confidence that the US Federal Reserve will hold interest rates steady later in the day, as well as a major merger announcement from telecommunications firm Vodafone.

Read more
14 Jun 2023 11:37

TOP NEWS: Vodafone and CK Hutchison unveil mega UK mobile merger

(Alliance News) - Vodafone Group PLC and CK Hutchison Holdings Ltd on Wednesday announced a tie-up of their UK telecommunications arms, following talks which began last year.

Read more
14 Jun 2023 11:11

Vodafone, Three to merge UK mobile operations

(Sharecast News) - Vodafone said on Wednesday that it has agreed to merge its telecoms business with CK Hutchison's Three UK mobile network.

Read more
14 Jun 2023 11:07

Vodafone, Hutchison unveil UK mobile merger

LONDON/HONG KONG, June 14 (Reuters) - Vodafone and CK Hutchison will merge their British operations, the two groups said on Wednesday, creating the country's largest mobile operator.

Read more
14 Jun 2023 09:02

LONDON BROKER RATINGS: UBS raises Wizz Air to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
12 Jun 2023 11:00

Recession risks still loom for markets calmer after banking turmoil

June 12 (Reuters) - The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-crunch and a U.S. debt ceiling crisis has been averted.

Read more
9 Jun 2023 07:10

World Bank Group pledges more support for Safaricom Ethiopia

June 9 (Reuters) - The World Bank Group's private investment arm and guarantee agency have pledged more support for the first private telecoms operator in Ethiopia, Safaricom Ethiopia.

Read more
8 Jun 2023 17:59

London stocks slip as interest rate angst persists; ex-div stocks weigh

Crest Nicholson down, flags slowdown worries

*

Read more
8 Jun 2023 17:39

European shares steady as rate jitters weigh, firm pound drags FTSE 100 down

Euro zone saw winter recession, more challenges ahead

*

Read more
8 Jun 2023 16:56

LONDON MARKET CLOSE: FTSE underperforms as US data lifts New York

(Alliance News) - Stocks in London ended lower on Thursday, weighed down by a handful of shares going ex-dividend, though peers in Paris and Frankfurt closed higher.

Read more
8 Jun 2023 12:27

LONDON MARKET MIDDAY: Stocks stagnant; eurozone slips into recession

(Alliance News) - Stock prices in London were directionless at midday on Thursday as investors looked to a recession in the eurozone and fretted about the direction of interest rates around the world.

Read more
7 Jun 2023 17:09

London stocks dip as homebuilders, chemicals slip; miners advance

Croda falls on Goldman Sachs rating downgrade

*

Read more
7 Jun 2023 16:57

LONDON MARKET CLOSE: Stocks dip after surprise hike by Bank of Canada

(Alliance News) - Stocks in London closed on a cautious note on Wednesday after a surprise rate hike from the Bank of Canada revived fears that interest rates around the world will stay higher for longer.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.