Avanci has announced that China Mobile has joined its Internet of Things patent licensing platform. China Mobile will license its entire global portfolio of 2G, 3G and 4G standard essential patents to the IoT market through Avanci’s marketplace. The Avanci licensing platform now includes 21 patent owners.
“The addition of China Mobile, with the largest network, largest subscriber base, and leading market capitalisation among global operators, to the Avanci platform demonstrates global support for streamlined patent licensing to expand the Internet of Things and take wireless technology to the next level,” said Kasim Alfalahi, founder and chief executive officer of Avanci.
“China Mobile has always been dedicated to building a balanced ecosystem for the industry,” added Jia Liu, Deputy General Manager of the Technology Department of China Mobile. “China Mobile is delighted to see that Avanci is able to offer this one-stop solution for licensing patents with high efficiency, which benefits the IoT industry in terms of facilitating adoption of wireless technology as well as reducing risks and removing barriers.”
Avanci is streamlining the process to obtain a licence to essential patents by offering a single licence to patents owned by many companies on fair, reasonable, and non-discriminatory (FRAND) terms.