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Vringo, Inc. Message Board

  • ron_whites ron_whites Jun 18, 2014 1:23 PM Flag

    ZTEs FRAND isn't VRNGs FRAND? how so?

    I remember reading on Vringo website that they licensed using "FRAND terms" and now we have have ZTE says they haven't been able to get a license on "FRAND terms". I would imagine there is something different about ZTEs Frand and VRNGs Frand. Perhaps it has to do with knowing what the number of ZTE sales are since ZTE is in contempt to supply that information in India at least?

    Opinions?

    --------------
    7:04 am Vringo: ZTE (ZTCOF) files antitrust complaint with European Commission against Vringo (VRNG) : ZTE Corporation has filed an antitrust complaint with the European Commission, requesting it to investigate the licensing practices of Vringo Inc. and its subsidiaries in light of concerns that these practices are impeding fair competition in the telecommunications market. As the owner of numerous standard-essential patents on telecommunications standards, Vringo is obligated to license its patents based on fair, reasonable and non-discriminatory (FRAN) terms in the interest of safeguarding competition in the European telecommunications market. Despite ongoing efforts by ZTE to negotiate since 2012, the company has been unable to reach an agreement with Vringo on FRAND terms.

    Sentiment: Strong Buy

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    • ZTE's complaint is what small companies use against larger companies that spent the R&D monies for the patents. The patent holding company requesting a unreasonable amount that prohibits the smaller from entering the market place.
      ZTE's problem (reuters 2012 article) is they never responded to initial frand requests. On top of that ZTE wanted the British court to delay the patent case there until a frand agreement was signed. vrng made a offer that the British court could also decide a frand agreement but ZTE refused, likely because it would set precedent for global license.
      ZTE's 'cooperative' agreements have been with x-licenses, something vrng doesn't need. I don't know how much rockstars ZTE suit effects viringo's but basically, ZTE is screwed. This complaint appears to be childish.
      With more injunctions & lot's of 2nd half 2014 court cases coming, ZTE should sign soon

    • Everything happening to Viringo resembles the Rambus saga against the chipmakers throughout the past decade. There is one exception, ZTE has injunctions working against them in a few countries. Rambus never got a injunction against the memory makers. I view this as very positive WRT Viringo reaching a settlement with ZTE. In the end Rambus and it's infringers, made peace and all have signed forward license agreements. Unfortunately Rambus settled for peanuts, instead of a fair dollar license agreement. Concerning Viringo/Google et all... good luck, reminds me of Rambus and Micron, the US antitrust trial. Rambus just could not win. The US government was not going to let that happen to our only domestic memory maker. When I saw the late Steve Appleton sitting on a council with Obama I knew right then and there my investment was toast... and it was. There is a high likelihood that this could happen with Viringo/Google hope not, but don't think for a minute that Google doesn't have strong ties within our government. Thank god other countries have begun to recognize intellectual property as viable, with real monetary value. Our country is not only falling behind with knowledge, but selling out our innovators to the highest bidder in our court system. Long Viringo, but as I learned from Rambus " Buy on the Rumor" "Sell on the News"... it ain't over till the fat judge sings!

      Sentiment: Hold

    • My opinion, ZTE is not going to roll over, it is going to fight every step of the way just like GOOG. Would not be surprised if ZTE has been encouraged or even supported in someway by GOOG. VRNG has a target on it's back. They want make an example out of VRNG.

 
VRNG
0.571-0.0024(-0.42%)Dec 19 4:00 PMEST

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