Huawei asks Verizon to pay over $1 billion for over 230 patents

WASHINGTON (Reuters) – Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker’s patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday. Verizon should pay to “solve the […]

Continue reading this article with a Fiji Times online membership.

More Stories