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Renesas Electronics puts mobile business up for sale
2013-03-12 10:49:00| Telecompaper Headlines
(Telecompaper) Renesas Electronics announced it is considering selling its mobile modem business, just over two years after buying Nokia's activities in the sector. Despite extensive restructuring already at the Japanese chipmaker, the company said tougher-than-expected market conditions mean it needs to review the scope of its activities further and focus more on core business. The mobile business has generated significant losses for the group, showing it has a longer and lower return on investment than expected, Renesas said. The group will look at selling its mobile division RMC or "explore alternative business models" for RMC, it said. The review covers all RMC's mobile business worldwide, with the exception of operations related to car information systems and industrial equipment, which Renesas plans to keep.
Tags: business
sale
mobile
electronics
UK Serious Fraud Office probes sale of Autonomy to H-P
2013-03-12 01:00:00| Total Telecom industry news
Autonomy founder Mike Lynch denies allegations his company inflated financials ahead of $8.8 billion deal.
Wireless carrier AT&T says BlackBerry will go on sale in US on March 22
2013-03-11 20:26:17| Telecom - Topix.net
A month and a half after its Canadian and U.K. launch, the new BlackBerry is finally hitting store shelves at a major wireless carrier in the United States.
BlackBerry Z10 goes on sale March 22 at AT&T
2013-03-11 15:33:12| CNET News.com
The carrier announces that it will start accepting pre-orders on March 12 for the touch-screen smartphone. It will cost $199 with a two-year contract. [Read more]
Tags: march
sale
att
blackberry
Pengrowth Closes $316MM Weyburn Asset Sale
2013-03-11 08:30:00| OGI
Proceeds will be used to repay all outstanding bank debt and partially fund its 2013 capital program.
Tags: sale
asset
closes
asset sale
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