STOCKHOLM (Reuters) - Swedish telecom equipment maker Ericsson (ST:ERICb) on Monday said it has signed a patent license agreement with Apple Inc (O:AAPL) but did not specify how much it would earn from the deal.
Ericsson estimated however that its overall revenues from intellectual property rights in 2015 would hit 13-14 billion Swedish crowns ($1.52-$1.64 billion), including positive effects from the settlement with Apple, up from 9.9 billion in 2014.
Last January, Ericsson filed a complaint against Apple over mobile technology license payments, responding to a lawsuit from the iPhone maker earlier that month.
Analysts had earlier estimated that if the dispute with Apple went Ericsson's way, the U.S. firm would have to pay it between 2-6 billion Swedish crowns annually, based on estimates of levels of handset sales and royalty payments per phone.
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