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Technicolor in talks for home gateway joint venture - CEO

Monday 9 December 2013 | 16:11 CET | News
Technicolor plans to stay in the business of making TV decoders and home gateways, according to CEO Frederic Rose. In an interview with French daily Les Echos, Rose said he does not want to sell the activities, as they are still the key to around 30 percent of the group's patents. The company's financial troubles in recent years led to the loss of some telecom customers, but the business has started to recover, he said. The CEO said talks are still underway to form a joint venture in the sector, to help Technicolor compete better against larger players such as Cisco, Arris or Huawei.

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Categories: Broadcast & Satellite / Internet
Companies: Arris / Cisco / Huawei China / Technicolor
Countries: World
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