Infineon confirms talks to sell mobile chips division

Infineon confirms talks to sell mobile chips division
(Telecompaper) Germany-based semiconductor manufacturer Infineon Technologies is in discussions with interested parties about a transaction concerning Infineon’s segment Wireless Solutions (WLS). While confimring that “significant progress” has been made within these discussions, the company would not name the interested parties. The objective of a potential transaction is the strategic development of the segment Wireless Solutions (WLS), Infineon said. With annual revenue of EUR 917 million, WLS contributed around 30 percent to Infineon Technologies’s total annual sales of EUR 3.027 billion in the past financial year. In recent weeks, Intel was named in media reports as a potential buyer of the division, while Samsung and Broadcom were mentioned as possible joint venture partners.[Lees verder]

Motorola names Moloney as president of Motorola Mobility
(Telecompaper) Motorola has appointed Daniel M Moloney as president of its Motorola Mobility business. Moloney will oversee Motorola Mobility’s Home business, including supply chain, IT and government affairs. Moloney will also prepare Motorola Mobility for its launch as an independent, publicly traded company. Moloney will begin in his new role on 1 September and report to Co-CEO of Motorola Mobility, Sanjay Jha. Most recently, Moloney served as president and CEO of electronic component manufacturing company Technitrol. Previously, he was executive vice president at Motorola and president of Motorola’s Home and Networks Mobility business. Moloney served nearly ten years in senior-level positions at Motorola and previously, sixteen years in managerial positions at General Instrument before its acquisition by Motorola early in 2000.[Lees verder]

RIM plans Blackpad launch in November – report
(Telecompaper) Research In Motion plans to introduce a tablet computer in November to compete with Apple’s iPad, two people familiar with the company’s plans told Bloomberg News. The device will have roughly the same dimensions as the iPad, which has a 9.7-inch diagonal screen, and include Wi-Fi and Bluetooth for connectivity, but no access to the mobile network. A spokeswoman for RIM declined to comment. RIM plans to call the tablet the Blackpad, one of the news agency’s sources said. RIM acquired the internet rights to blackpad.com this month, according to the Whois database of domain names. Pricing for the device will be in line with the iPad, which starts at USD 499, the unnamed source said. RIM is also planning new BlackBerry phones, with an event in New York on 3 August expected to debut the BlackBerry 9800 slider phone. The device will feature a full touch screen and a slideout Qwerty keyboard.[Lees verder]

SK Telecom, Google sign deal to strengthen Android market
(Telecompaper) Korean operator SK Telecom has signed an agreement with Google to strengthen the Android Market in Korea. The agreement includes provisions to cooperate on launching carrier billing for purchases made on Android Market, setting up the Company Channel and supporting Android application developers. With the introduction of carrier billing, SK Telecom users will be able to pay for Android Market content by having fees charged directly to their monthly mobile bills. Once introduced, carrier billing will allow SK Telecom users to buy applications without requiring credit cards. Applications will be priced in the local currency to prevent any confusion stemming from foreign exchange rate fluctuations. SK Telecom announced plans to introduce and recommend useful applications for their subscribers by rolling out a SK Telecom channel on the main page of Android Market. The company said this will enable SK Telecom’s Android phone users to discover applications most relevant to their interests. SK Telecom plans to support developers by establishing the Open Innovation Center.[Lees verder]

Telefonica in talks for Tuenti acquisition – report
(Telecompaper) Telefonica is in talks with Tuenti over the possible acquisition of the Spanish social network. There are ongoing talks between the two companies. However, no definitive agreement has been reached yet, Cinco Dias reports, citing anonymous sources. “Negotiations are still open, albeit with a high risk of failing”, the same sources added. Telefonica plans to become Tuenti’s largest shareholder. The group chaired by Cesar Alierta sees the transaction as a financial investment, so that the management of the social network would remain unchanged. Investment fund Qualitas Equity Partners is Tuenti’s largest shareholder, owning a 30 percent stake in the social networking company. Qualitas Equity Partners is controlled by the Timon holding, whose owners include the Polanco family. The remaining Tuenti share capital is divided among the company’s founders, including CEO Zaryn Dentzek, president Bernardo Hernandez, and VP Felix Ruiz. With nearly 8 million unique users, Tuenti is worth around EUR 70 million, according to the assessment made in March when the company held its last capital increase.[Lees verder]

Telecom NZ outlines demerger, fibre proposal
(Telecompaper) Telecom New Zealand has outlined a structural separation and fibre proposal to Crown Fibre Holdings in its bid to deliver a national fibre-to-the-home network. The proposal is predicated on the structural separation of Telecom, through a demerger into two companies which would give rise to Chorus2 as a new and entirely standalone company. The company also proposed integrating the government’s Ultra-Fast Broadband initiative with the Rural Broadband Initiative. Integrating the two initiatives would allow for the extension of the reach of fast broadband into rural areas well beyond the planned 75 percent coverage area. The demerger proposal requires 75 percent of the company’s share vote in favour.[Lees verder]

Infineon confirms talks to sell mobile chips division
(Telecompaper) Germany-based semiconductor manufacturer Infineon Technologies is in discussions with interested parties about a transaction concerning Infineon’s segment Wireless Solutions (WLS). While confimring that “significant progress” has been made within these discussions, the company would not name the interested parties. The objective of a potential transaction is the strategic development of the segment Wireless Solutions (WLS), Infineon said. With annual revenue of EUR 917 million, WLS contributed around 30 percent to Infineon Technologies’s total annual sales of EUR 3.027 billion in the past financial year. In recent weeks, Intel was named in media reports as a potential buyer of the division, while Samsung and Broadcom were mentioned as possible joint venture partners.[Lees verder]

Motorola names Moloney as president of Motorola Mobility
(Telecompaper) Motorola has appointed Daniel M Moloney as president of its Motorola Mobility business. Moloney will oversee Motorola Mobility’s Home business, including supply chain, IT and government affairs. Moloney will also prepare Motorola Mobility for its launch as an independent, publicly traded company. Moloney will begin in his new role on 1 September and report to Co-CEO of Motorola Mobility, Sanjay Jha. Most recently, Moloney served as president and CEO of electronic component manufacturing company Technitrol. Previously, he was executive vice president at Motorola and president of Motorola’s Home and Networks Mobility business. Moloney served nearly ten years in senior-level positions at Motorola and previously, sixteen years in managerial positions at General Instrument before its acquisition by Motorola early in 2000.[Lees verder]

RIM plans Blackpad launch in November – report
(Telecompaper) Research In Motion plans to introduce a tablet computer in November to compete with Apple’s iPad, two people familiar with the company’s plans told Bloomberg News. The device will have roughly the same dimensions as the iPad, which has a 9.7-inch diagonal screen, and include Wi-Fi and Bluetooth for connectivity, but no access to the mobile network. A spokeswoman for RIM declined to comment. RIM plans to call the tablet the Blackpad, one of the news agency’s sources said. RIM acquired the internet rights to blackpad.com this month, according to the Whois database of domain names. Pricing for the device will be in line with the iPad, which starts at USD 499, the unnamed source said. RIM is also planning new BlackBerry phones, with an event in New York on 3 August expected to debut the BlackBerry 9800 slider phone. The device will feature a full touch screen and a slideout Qwerty keyboard.[Lees verder]

SK Telecom, Google sign deal to strengthen Android market
(Telecompaper) Korean operator SK Telecom has signed an agreement with Google to strengthen the Android Market in Korea. The agreement includes provisions to cooperate on launching carrier billing for purchases made on Android Market, setting up the Company Channel and supporting Android application developers. With the introduction of carrier billing, SK Telecom users will be able to pay for Android Market content by having fees charged directly to their monthly mobile bills. Once introduced, carrier billing will allow SK Telecom users to buy applications without requiring credit cards. Applications will be priced in the local currency to prevent any confusion stemming from foreign exchange rate fluctuations. SK Telecom announced plans to introduce and recommend useful applications for their subscribers by rolling out a SK Telecom channel on the main page of Android Market. The company said this will enable SK Telecom’s Android phone users to discover applications most relevant to their interests. SK Telecom plans to support developers by establishing the Open Innovation Center.[Lees verder]

Telefonica in talks for Tuenti acquisition – report
(Telecompaper) Telefonica is in talks with Tuenti over the possible acquisition of the Spanish social network. There are ongoing talks between the two companies. However, no definitive agreement has been reached yet, Cinco Dias reports, citing anonymous sources. “Negotiations are still open, albeit with a high risk of failing”, the same sources added. Telefonica plans to become Tuenti’s largest shareholder. The group chaired by Cesar Alierta sees the transaction as a financial investment, so that the management of the social network would remain unchanged. Investment fund Qualitas Equity Partners is Tuenti’s largest shareholder, owning a 30 percent stake in the social networking company. Qualitas Equity Partners is controlled by the Timon holding, whose owners include the Polanco family. The remaining Tuenti share capital is divided among the company’s founders, including CEO Zaryn Dentzek, president Bernardo Hernandez, and VP Felix Ruiz. With nearly 8 million unique users, Tuenti is worth around EUR 70 million, according to the assessment made in March when the company held its last capital increase.[Lees verder]

Telecom NZ outlines demerger, fibre proposal
(Telecompaper) Telecom New Zealand has outlined a structural separation and fibre proposal to Crown Fibre Holdings in its bid to deliver a national fibre-to-the-home network. The proposal is predicated on the structural separation of Telecom, through a demerger into two companies which would give rise to Chorus2 as a new and entirely standalone company. The company also proposed integrating the government’s Ultra-Fast Broadband initiative with the Rural Broadband Initiative. Integrating the two initiatives would allow for the extension of the reach of fast broadband into rural areas well beyond the planned 75 percent coverage area. The demerger proposal requires 75 percent of the company’s share vote in favour.[Lees verder]