Moto to Spin Off Device Unit What Now?

After weeks of rumblings around the rumor mill, Motorola Inc. did what many think it should have a while ago: announced it is separating its devices business from its Broadband and Business Mobility division (in English, thats the infrastructure side of the house). Both will be standalone, publicly traded companies. Investors were huzzah-ing, with Motorolas […]

Motorola 4Q Profit Plunges 84%

Motorola Inc.s new CEO, Greg Brown, warned on Wednesday that a turnaround in the companys handset division will take longer than expected, after the equipment maker reported an 84 percent plunge in fourth quarter profits. Motorola shipped fewer wireless phones in the final quarter of 2007 and kept losing handset market share. It posted net […]

Zander Out as Motorola CEO

Despite slightly improved third-quarter earnings, Motorola Inc. CEO Ed Zander on Friday said he will step down. The move comes after months of rumors that Zander, unable to turn around Motorolas mobile-phone business, would lose his job. President and COO Greg Brown, 47, will replace Zander, Motorola said on Friday. Zander, 60, will remain as […]

CoolPrepaid.com Introduces New Prepaid Phone Service

CoolPrepaid.com today announced the availability of CoolPrepaid.com Motorola Inc. phones, with what the company says is the lowest U.S. and international flat rates of any U.S. provider. Available in Sears stores nationwide, and on the Cingular Wireless network and at www.coolprepaid.com, CoolPrepaid.coms low rates include a per-day access fee of 30 cents, U.S. rates of […]

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