French defence and communications equipment group Safran’s communications division, which includes Sagem mobile phones, made a EUR 67 million operating loss on a revenue down 3 percent to EUR 1.08 billion in the first half of 2006, compared to an EUR 11 million operating loss on EUR 1.11 billion in sales in the year-earlier period. The mobile phone unit widened its operating loss to EUR 52 million from EUR 24 million, on sales down 2 percent to EUR 477 million from EUR 485 million. Safran cited as first-half achievements the shipment of 8.5 million mobile phones, including more than 100,000 my700x EDGE handsets. The communication division’s shipments of home gateways rose by 26 percent to 2.8 million units, and it also shipped 450,000 MPEG4 set-top boxes. The company has not commented on rumours that it was considering the sale of its mobile phone division to Motorola.

Source- http://www.telecompaper.com

Technorati : France, Mobile, Safran, Sagem
Ice Rocket : France, Mobile, Safran, Sagem