According to a report of indian newspaper “business standard” is likely to buy Motorola’s handset division. According to the report, Videocon CEO Venugopal Dhoot said today that his company was already in initial stage talks with Motorola.
Motorola’s cell phone division maybe around US$3.8 billion.
Videocon announced recently that they plan to launch their own telecom network in India, so getting even just a bit of Motorola will be a perfect mix. We don’t know for sure what will happen with the talks between Videocon and Moto, but we do hope that all ends well for both parties. And for us users, too, of course.
