Swedish Telecom giant, Ericsson sued Skr2 billion
Thursday, 09 February 2012
Swedish Telecom giant, Ericsson is being sued in the USA for over Skr2 billion by an American company, Airvana. The claim made by the U.S. Company is that Ericsson has stolen its trade secrets.
According to radio Sweden raport on Thursday, Airvana has played an important role in the development of wireless Internet in the United States. In 2009 the company became dependent on Ericsson as the Swedish telecommunications company bought part of Nortel's bankruptcy estate.
Ericsson's press secretary Ilyana Guzman said the company will defend itself against the charges.
"We intend to take the appropriate steps to protect our customers and Ericsson's interests, "said Guzman.
American Airvana Network Solutions is accusing Ericsson of falsely using its technology to develop its own product.
"We will defend our right to continue to deliver this product, "said Ilyana Guzman Ericsson Media Relations to Swedish media network Direkt.
The product Airvana claim Ericsson developed based on Airvanas technology is a CDMA product called EV-DO Global System.
Airvana has initiated a lawsuit in a court in New York where it wants to ban Ericsson from selling the product but requires Ericsson to pay $330 million in damages.
By Scancomark.se Team