Arbitration court ruled against BlackBerry in contract dispute with Nokia
The decision confirms that BlackBerry had failed to make certain payments to Nokia under a patent license agreement between the parties.
A significant portion of the amount awarded has already been recognized by Nokia in its financials for previous periods.
Nokia will follow its existing practices for disclosing patent licensing related results in its quarterly financial reports.
Nokia continues to believe that BlackBerry's unrelated claims of patent infringement by Nokia are without merit. ■