Since the commencement of sales in January company had received cash payments for the sale of its investments in operations in Jordan, Egypt, Brazil, Israel and Pakistan.
These completed deals are to be followed by agreements to sell similar investments in Hong Kong and Mexico that would provide Motorola with a further $2 billion in cash or stock by the end of the third quarter.
These units had previously been used to advance progress of the mobile market in countries outside the US. But last conflicts arose between network infrastructure customers and the cellular operating companies in which the company had significant interests within.
Motorola said it intends to use the net proceeds from the sales for general corporate purposes.
