Enea informs about initiated arbitration proceedings regarding contract interpretation issues
Enea and one of its largest customers have found that they interpret differently the provisions on calculation of royalties under their contract regarding the use of Enea’s OSE operating system in the customer’s telecommunication equipment. Enea has initiated arbitration proceedings regarding the interpretation issues. Enea’s CEO, Anders Lidbeck, comments: ”The arbitration proceedings have been initiated for the purpose of obtaining clarity in an orderly fashion for both us and the customer regarding the correct interpretation of our contract. We believe that we have a sound basis for