US based telco Motorola could look into selling or setting-up a JV for its mobile network infrastructure business, the firm told the Financial Times.
Motorola Handsets, which consists of the handset and infrastructure divisions, is set to be demerged and…
US based telco Motorola could look into selling or setting-up a JV for its mobile network infrastructure business, the firm told the Financial Times.
Motorola Handsets, which consists of the handset and infrastructure divisions, is set to be demerged and take up a separate stock market listing from the rest of the group early next year. The two demerged divisions, both to be headed by current Motorola co-CEO Greg Brown, will be run separately so that Motorola can sell or find a partner for the mobile network infrastructure unit, which has been valued at between US$1bn and US$2bn.
A sale is by many seen as the most likely scenario, although Brown told the Financial Times that the telco will explore all options.
