(Reuters) - Shares of Broadcom were up 4.9 percent and Qualcomm stock
fell over 3 percent after the agreement. The deal appeared to
be an about-face for Verizon Wireless , a venture of Verizon
Communications Inc. and Vodafone Group Plc
, which had previously sought to overturn the ban.
Verizon Wireless said it will pay Broadcom $6 for each
handset in question, up to $40 million per calendar quarter and
up to a maximum total payment of $200 million.
Read more at Reuters.com Government Filings News
fell over 3 percent after the agreement. The deal appeared to
be an about-face for Verizon Wireless , a venture of Verizon
Communications Inc. and Vodafone Group Plc
, which had previously sought to overturn the ban.
Verizon Wireless said it will pay Broadcom $6 for each
handset in question, up to $40 million per calendar quarter and
up to a maximum total payment of $200 million.
Read more at Reuters.com Government Filings News
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