Vip has announced that it has trialed an LTE network, operating in the 800Mhz radio spectrum bands in Zagreb city center.
According to the company, it would expect to launch a commercial service sometime next year, and will be conducting public demonstrations of the LTE network this weekend.
The company already offers HSPA+ based services with theoretical peak download speeds of 42Mbps in four cities- Zagreb, Split, Osijek and Rijeka.
Motorola’s Co- CEO, Greg Brown has claimed that the company is planning to separate the company into two separate entities as soon as January.
As per Company’s previous statements, it would separate the company in the first quarter into two parts: Motorola Mobility, which will sell mobile handsets and television set-top boxes, and Motorola Solutions, which will supply wireless technology to governments and enterprises.
According to Greg Brown, he expects that business to grow in a range of 4% to 5% in 2011 and set a long-term growth target of 5% to 8%.
As per the company’s executive, he expects the business to have an investment-grade rating at separation and vowed to consider dividend payments after the split.
The company will have two co-CEOs, Sanjay Jha and Greg Brown, running the separate companies. Sanjay Jha will focus on Motorola’s entertainment and consumer-oriented devices, including smart phones like the Droid, and Brown on high-tech business solutions.
Greg Brown, the company’s other co-CEO, will head the enterprise mobility and networks businesses. The enterprise mobility division makes products like handheld devices for warehouse workers and bar-code scanners.
Telecom Italia turned its back yesterday on the “convergence” strategy that management had been espousing for two years, announcing plans to split the company’s mobile phone business from its media and residential broadband operations.
While Telecom Italia stopped short of announcing plans to sell off its mobile arm to pay some of its €40bn (£27bn) debt, the move will generate interest from rivals and private equity buyers. Telecom Italia’s mobile division could fetch up to €35bn and attract buyers including Permira, Apax, Carlyle and Telef³nica, which owns O2.
Source- http://business.guardian.co.uk
Technorati : Mobile, Telecom Italia
Ice Rocket : Mobile, Telecom Italia
