One of these has already cost operators an average of 20% of their termination revenues this year.
According to the group's estimates, British mobile operators collected £750 million, or $1.1 billion, in mobile termination rate revenue last year.
Revenue from termination fees makes up 15 percent of an operator's sales and profit, said Jacques de Greling, an analyst at Natixis, a Paris bank.
Pharmacopeia said the termination fee would provide as much revenue as the remaining six months of the agreement would have, and it said Pharmacia was likely to repurchase rights to two drug classes discovered in the collaboration.
Mr. Gordon said the company generated 11 percent of its revenue in Europe from termination charges and paid 10 percent in charges to other operators, leaving it with a 1 percent net gain.
Will termination fees get terminated?
And then there's the matter of the extremely complicated $250 million (minus any net revenues Google received from running advertisements) termination fee should Yahoo merge with anyone else (with easier triggers for mergers with Time Warner, News Corp. or Microsoft).
In reality, the employee's termination had nothing to do with any loss of revenue or economic conditions.
The termination fee is $250 million, subject to reduction by 50percentt of revenues earned by Google under the agreement.
Its termination, in the summer of 1907, meant that he now required alternative sources of revenue, as his friends and relations were soon to discover.
Operating income, recognizing rental revenue evenly over the life of the lease and excluding termination fees, increased to $122.2 million in the September quarter from $119.8 million one year before.
