October 5, 2009 - Telecom giant Sprint Nextel Corp. has settled a patent infringement lawsuit it filed against Big River Telephone Co., a small phone company based in Cape Girardeau, Missouri.
Sprint sued Big River and three other companies in January 2008 over the infringement of Sprint's patents for sending telephone calls over the Internet.
Financial terms of the settlement between Sprint and Big River are confidential, but Sprint said Big River agreed to pay for a non-exclusive license to use the patents-in-suit.