WiLAN (WILN), ZTE Corp. Enter Wireless Tech Licensing Agreement

September 21, 2016 10:36 AM EDT

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WiLAN (Nasdaq: WILN) announced that ZTE Corporation ("ZTE") has entered into a multi-year license agreement with WiLAN covering wireless technologies.

"This license renews our former agreement with ZTE signed several years ago," said Jim Skippen, WiLAN's President & CEO. "The re-signing of ZTE to our portfolio of wireless patents is further confirmation of the value of our portfolio."

The consideration to be paid to WiLAN and all other terms of the license agreement are confidential.

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