Blog world Motorola will put billions into the mobile business

Motorola will put billions into the mobile business

Before the group will split up in 2011, the ailing mobile phone division to get back on their feet financially. Motorola wants to pay off the end of the year, much of the debt.

Motorola will put millions into his mobile phone business.

Motorola wants to invest billions in its mobile phone division. The Wall Street Journal reported, citing well-informed circles.

Consequently, the Group intends to pay off most of its debt and estimated that transferred three to four billion dollars to the outsourced company, which will lead in the mobile business. Motorola mobile phone division alone will decrease as well as book debts and any other commitments.

In February, Motorola had confirmed reports of an impending split of the company. Both will be named Motorola and be represented on the exchange. Group A includes the areas mobile telephony and set-top boxes, the other on the network.

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