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Videocon mulls Moto buy-out

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Videocon mulls Moto buy-out

Indian conglomerate Videocon is in talks to buy out the Motorola handset business

The consumer durables and manufacturing giant recently launched a drive into telecoms and will start rolling out its own network in India from mid-August. After a dismal year, Motorola is now planning to separate its device business from its other operations. Analysts say its handset operation is worth about $3.8 billion.

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