Nortel Delays Patent Auction By a Week
Nortel has rescheduled its planned auction for some 6,000 patents. Rather than June 20, the auction will take place June 27. The patents cover a wide range of wireless and networking technologies. Google, RIM, Apple, and others may participate.
Google to Sit Out Incentive Auction
Google will not participate in next month's spectrum auction, says the company. The deadline to file applications for the auction passed on February 10.
Apple's Patent Consortium to Sell 4,000 Patents for $900M
Rockstar Consortium, a patent-holding company headed by Apple, has agreed to sell more than 4,000 mobile patents for about $900 million. Apple and partners Microsoft, BlackBerry, Ericsson, and Sony paid $4.5 billion for more than 6,000 patents from Nortel four years ago in order to help protect against litigation.
T-Mobile Parent to Wait for Auction's End to Shop Uncarrier
Deutsche Telekom, the parent company of T-Mobile US, will not pursue any mergers or acquisitions for the Uncarrier while the FCC is holding its incentive spectrum auction. The information comes from unnamed sources cited by Reuters.
FCC Says Applications for Incentive Auction Due Today
Today marks the deadline for companies planning to participate in the upcoming reverse auction to file their applications. The FCC will accept entries until the end of the day.