Home  ›  News  ›

Motorola Weighing Strategic Options

Article Comments  2  

Jan 14, 2010, 5:06 PM   by Eric M. Zeman

According to sources cited by the Wall Street Journal, Motorola has paused efforts to sell its home-and-networks mobility unit, which makes cable boxes and other gear. Two reasons factor into Motorola's thinking, say the Journal's sources. The first is that handset sales have increased in recent months (due to the popularity of devices such as the Droid), and that has the company believing that it might survive as one entity. The other reason is that the bids for the unit have been lower than Motorola hoped. Motorola believed it could fetch between $4 and $5 billion for the set-top-box division, but has seen bids in the $3 to $4 billion range. The next round of bids are due in mid February, but it is unclear if Motorola will accept them. Motorola's board is planning to meet to discuss how to proceed.




This forum is closed.

This forum is closed.


Jan 14, 2010, 11:03 PM

Good for Moto

I'm glad Motorola is considering to push ahead. If they keep releasing devices like the Droid, whether it be a phone or a cable or internet product, if they do it good, people will buy from Motorola. When they really try hard on quality and attention to detail, they make some really good products. Keep up the good work Motorola.
Yeah I agree, Motorola invented & pioneered the cellular phone. Moto is an important and iconic U.S. company!
Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Twitter Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram


All content Copyright 2001-2023 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.