July 11, 2011Parties working on settlement documents to resolve trademark infringement lawsuit.

Cricket Communications and owner Global Cricket Ventures have reached a “settlement in principle” over the parties’ trademark infringement suit.

Cricket Communications filed the suit in February alleging that was charading as a cricket sport site but was no more than a site created to take advantage of the wireless carriers’ trademark. The company alleged that Global Cricket Ventures hard coded a Cricket Wireless logo into its web site in a position made to look like it was part of an ad.

Since then has removed all advertising related to wireless phones and has scaled down the site from even the basic shell that it was before.

My guess is the deal doesn’t involve handing over the domain name as the plaintiff wants, but Global Cricket Ventures stops displaying anything related to mobile phones.