LTE is that much closer to becoming a reality, as a number of industry players have agreed to commit to a licensing framework, whereby they would license their patents according to “fair and reasonable” terms.

 

The group is a veritable who’s who of industry leaders, and includes Alcatel-Lucent, Ericsson, NEC, NextWave Wireless, Nokia, Nokia Siemens Networks, and Sony Ericsson Mobile Communications.

 

Notably absent from the list is Qualcomm, which earlier this year announced plans to develop LTE chipsets.

 

Essentially the companies agree in principle to establish “predictable and more transparent maximum aggregate costs for licensing intellectual property rights” that relate to the next-gen wireless technology.