Motorola Combines Networks and Government & Enterprise Mobility Solutions Businesses
New Organization Will Further Advance Seamless Mobility Strategy, Improve Operational Efficiency and Cost Structure
Schaumburg, Ill. – 3 March 2006 – Motorola, Inc (NYSE: MOT) today announced a reorganization of its Networks and Government & Enterprise Mobility Solutions businesses into one organization, to be called the Networks & Enterprise business.
“This reorganization will allow us to strengthen our position in providing end-to-end network infrastructure solutions to private, public and enterprise customers worldwide,” said Ed Zander, Chairman and CEO. “The new business also will leverage key current and next-generation technologies across those various market segments. With a more streamlined structure, Motorola will move faster, improve the cost structure of the company, including general and administrative activities, and be more effective in meeting customer needs going forward.”
Effective immediately, Greg Brown, currently president of the Government & Enterprise Mobility Solutions business, will lead the new Networks & Enterprise business and continue to report to Ed Zander. Adrian Nemcek, who has successfully led the Networks business over the past five years, will retire from Motorola later this year. Under Nemcek’s leadership, Networks, which was primarily a radio access business, is now positioned to be a leader in wireless broadband, wireline, professional services and next-generation core networks. Nemcek will assist Brown in the transition to the new organization until the end of the second quarter, after which he will assist Ed Zander with special initiatives.
Financial reporting for the first quarter of 2006 will be done in the current segment structure, after which the company will be reporting its results in three segments: Mobile Devices, Networks & Enterprise and Connected Home Solutions. Motorola will be providing more information on the reorganization and related expenses at a later date.
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering the “must have” products, “must do” experiences and powerful networks – along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of $36.8 billion in 2005. For more information about our company, our people and our innovations, please visit www.motorola.com.
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