{"id":34173,"date":"2014-10-16T09:52:23","date_gmt":"2014-10-16T13:52:23","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=34173"},"modified":"2014-10-16T09:36:55","modified_gmt":"2014-10-16T13:36:55","slug":"sprint-corporation-nyses-may-challenge-trial-court-order-in-awarding-damages-of-7-5-million","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/sprint-corporation-nyses-may-challenge-trial-court-order-in-awarding-damages-of-7-5-million-34173","title":{"rendered":"Sprint Corporation (NYSE:S) May Challenge Trial Court Order In Awarding Damages of $7.5 Million"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 10\/16\/2014 (wallstreetpr) \u2013 <strong>Sprint Corporation (NYSE:S)<\/strong> will not likely to take the trial court order lightly in awarding damages of $7.5 million in the patents infringement case filed by <strong>Comcast Corporation (NASDAQ:CMCSA)<\/strong>. An indication to this effect has already come from its spokesperson. It may prefer to challenge the order.<\/p>\n<p style=\"text-align: justify;\"><strong>Court Award Damages<\/strong><\/p>\n<p style=\"text-align: justify;\">Sprint Corporation (NYSE:S)\u00a0has been found to have infringed patents relating to telecommunications by the court, <a href=\"http:\/\/www.bloomberg.com\/news\/2014-10-15\/comcast-wins-7-5-million-in-patent-jury-trial-with-sprint-1-.html?cmpid=yhoo\" target=\"_blank\">Bloomberg<\/a> reported. Comcast had sought damages of $16.5 million from Sprint in a suit filed in 2012 in Wilmington, Delaware. It alleged that Sprint used Comcast Corporation (NASDAQ:CMCSA)\u2019s protected technology for call-routing system through the traditional and Internet phone lines.<\/p>\n<p style=\"text-align: justify;\">Comcast Corporation (NASDAQ:CMCSA)\u00a0complaint charged Sprint of willful infringement of its patented technology as the telecom service provider had knowledge about it since November 2008. It said that at least since then Sprint has knowingly infringed its patent.<\/p>\n<p style=\"text-align: justify;\">The patent issues were relating to Sprint Mobile Integration that extended the capabilities of mobile to phone. Similarly, patents on Google Voice use for online voice mail apart from Airave 2 offering increased wireless signal was infringed, according to Comcast complaint.<\/p>\n<p style=\"text-align: justify;\">Lawyer appearing for Comcast argued for a royalty for the infringement before the District Court Judge Richard Andrews. The jury\u2019s damage was calculated on the basis over a dozen infringement claims made by Comcast Corporation (NASDAQ:CMCSA).<\/p>\n<p style=\"text-align: justify;\"><strong>Sprint Not Happy<\/strong><\/p>\n<p style=\"text-align: justify;\">While\u00a0Comcast Corporation (NASDAQ:CMCSA) was happy with the judgment,\u00a0Sprint Corporation (NYSE:S) expressed its disappointment over the awarding of damages. It has its side of the argument. Its lawyer, Brian Riopelle, said told the jury that Sprint has not infringed any of the three patents. He has charged Comcast of trying to obscure the patents boundaries and was covering too much.<\/p>\n<p style=\"text-align: justify;\">Sprint spokesperson told Bloomberg that\u00a0Sprint Corporation (NYSE:S) might challenge the verdict. The spokesperson also pointed out that Comcast had filed the suit only after Sprint took\u00a0Comcast Corporation (NASDAQ:CMCSA) to Kansas court for infringing its revolutionary technology of voice over packet. The case would come up for a trial in 2016. In between, one more patent case against Comcast would come up for a trial in February next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 10\/16\/2014 (wallstreetpr) \u2013 Sprint Corporation (NYSE:S) will not likely to take the trial court order lightly in awarding damages of $7.5 million in [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":19551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[11015,1666,910,1217,3433],"stock_ticker":[],"class_list":["post-34173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-brian-riopelle","tag-comcast-corporation-nasdaqcmcsa","tag-nasdaqcmcsa","tag-nyses","tag-sprint-corporation-nyses","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sprint Corporation (NYSE:S) May Challenge Trial Court Order In Awarding Damages of $7.5 Million - Wall Street 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