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Industry committee That has been out in the press a lot. We've tried hard to look at this from a number of different points of view. I think we struggle with the comment. First, we talk about our history, our years in Canada, what we've done, the innovation, the amount of investment, the fact that
August 7th, 2009Committee meeting
Mark Henderson
Industry committee I think what we've said here is that we really do consider the process as it was conducted to be very closely monitored by the courts in the U.S. and Canada. There were companies at the table bidding that obviously went through the proper hurdles to be at the table, and the presi
August 7th, 2009Committee meeting
Mark Henderson
Industry committee It's a difficult question to answer. We already have the right to use the patents we have the licence to. If new patents came up that we thought were strategically important, I guess we would have to look at those. I guess buying a patent means you can cross-license to somebody
August 7th, 2009Committee meeting
Mark Henderson
Industry committee I think we can let you know today.
August 7th, 2009Committee meeting
Mark Henderson
Industry committee Yes.
August 7th, 2009Committee meeting
Mark Henderson
Industry committee I'm afraid I don't know if I have the answer to that.
August 7th, 2009Committee meeting
Mark Henderson
Industry committee I think there's a couple of good comments around that. First of all, for Ericsson the global spend on LTE development is quite a bit larger than what we're picking up here. This is a complementary set of competence and resources and patents for licensing, but our R and D spend
August 7th, 2009Committee meeting
Mark Henderson
Industry committee I think the global research and development budget for Ericsson is 33 billion Swedish kronor.
August 7th, 2009Committee meeting
Mark Henderson
Industry committee That's $5 billion.
August 7th, 2009Committee meeting
Mark Henderson
Industry committee I think the short answer is that we don't get the carry-over, but I'll let Richard explain why.
August 7th, 2009Committee meeting
Mark Henderson
Industry committee It's true that if Ericsson creates a patent and we decide to license someone, we provide the licence. On the financial details behind that licensee agreement, there could be a financial portion of it or there could be a trade. People interested in these kinds of patents are fro
August 7th, 2009Committee meeting
Mark Henderson
Industry committee First of all, in terms of the employees and your constituents, I understand. The employees who will be joining Ericsson will, I think we've said, be certainly offered substantially the same pay and benefits. Of course, after operating in Canada for so many years, we feel that the
August 7th, 2009Committee meeting
Mark Henderson
Industry committee We think the investment in innovation in Canada represents around 5% of Ericsson's global R and D spent. When the acquisition goes through, that percentage will go up a little.
August 7th, 2009Committee meeting
Mark Henderson
Industry committee I can make a general comment about the economy. It's interesting to us that it appears that the recession is such, as we've seen lately in the paper, that it seems to be flattening and we're looking at a period of growth, even if it's going to be long and slow growth. The wirele
August 7th, 2009Committee meeting
Mark Henderson
Industry committee On FDI, I don't think that would be a great message. We think that one of the net benefits to Canada, as I pointed out in my opening, is just that, that it supports a lot of government initiatives to enhance and attract foreign investment. I don't know how it would affect other m
August 7th, 2009Committee meeting
Mark Henderson