In more Motorola news, Indian consumer electronics maker Videocon Industries has reportedly expressed interest in the struggling handset maker’s mobile phone unit. Motorola announced last week plans to split itself in two; Videocon said that it would be interested in purchasing the handset unit should Motorola be looking to sell it after the split.
Videocon Chairman Venugopal Dhoot reportedly said that he believes Motorola will be looking to sell off its troubled handset unit and that the company is “sending an expression of interest” for when that happens.
Dhoot also said that Videocon, which makes consumer electronics and home appliances, is well positioned for the acquisition because the company has mobile phone licenses for 22 circles in India and a retail network of about 1,000 stores.
India is one of the worlds fastest growing markets for wireless subscribers, according to Gartner.