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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 67.82
Bid: 67.94
Ask: 67.98
Change: 0.34 (0.50%)
Spread: 0.04 (0.059%)
Open: 67.48
High: 68.52
Low: 67.22
Prev. Close: 67.48
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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)
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18 Dec 2023 10:43

UPDATE: Vodafone confirms eyeing merger or disposal of Italy business

(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.

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18 Dec 2023 09:17

PRESS: France's Iliad prepares offer to combine with Vodafone in Italy

(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.

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18 Dec 2023 09:07

LONDON MARKET OPEN: FTSE 100 edges higher as Fed rally fades elsewhere

(Alliance News) - The FTSE 100 managed to eke out some minor gains at Monday's market open, while stocks elsewhere pulled back after last week's advance.

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18 Dec 2023 08:52

Vodafone surges as Iliad proposes merging Italian businesses

(Sharecast News) - Vodafone confirmed on Monday that it is in talks with several parties about the potential merger or disposal of its Italian unit, after France's Iliad said it had submitted a proposal to merge their two Italian businesses.

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18 Dec 2023 08:05

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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15 Dec 2023 18:59

Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

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14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

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13 Dec 2023 17:07

European shares subdued as markets look to Fed decision for cues

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Ukraine's top mobile operator hit by biggest cyberattack of war so far

Kyivstar's IT systems 'partially destroyed'

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12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

LONDON, Dec 12 (Reuters) - Britain's telecoms regulator proposed banning inflation-linked price rises in the middle of customers' broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition.

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12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

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12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

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12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

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12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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