Motorola Spins off its Mobile
Motorola has suffered a pretty bad year in 2009. Despite the bad year however they were able to kick off with a couple new handsets in 2009, the Android powered Motorola Droid and the CLIQ both hit markets in 2009. It is stated that in 2010 they will be launching a total of 20 different phones, all having different operating systems.
This should come as no surprise that the telecommunications service providers are thinking of a spin off for their mobile division. Breaking it away from the home and network division, according to CEO in charge of the home and network division, Greg Brown “this is a strategy of record”. Not too long before hand the company was rumored to be selling the home and networks business for a whopping 4.5 billion dollars.
Discussions have been talking place for roughly a year about spinning off the mobile division of the company. Most analysts feel that it is too soon to be chopping the home and network division when the mobile division has as of yet been able to get completely back on its feet.
According to CEO Sanjay Jha, head of the mobile division, “the spin of will be largely based on the performance of the phones as well as the overall business environment. No matter the case we have not heard the last of Motorola’s mobile division. Wither they will be sticking with the combined company or simply spinning it off onto its own backing and company is yet to be reveal. All in all only time will tell if the single giant will become two or will it remains a whole.
Keep an eye out for the year to come as we look to see a split or at the very least a rise in the footing of Motorola’s mobile division.