BlackBerry Hopes Teletry Pact Will Bring ‘More Consistency’ to Its Patent Program

BlackBerry hopes the partnership agreement it signed last month with Teletry will bring “more consistency” to its patent licensing program, plus “a broader reach” that will result in “higher IP revenue,” CEO John Chen said on a Wednesday earnings call. Under the agreement, Teletry “can sublicense a range of BlackBerry patents to the majority of the smartphone manufacturers worldwide,” Chen said. BlackBerry picked Teletry because of its “track record in licensing,” he said. BlackBerry retains ownership of its 40,000-patent “portfolio,” and will continue to operate its own licensing program, he said.