Sanyo sells mobile sales biz -- not mobile phone biz -- to Telepark
by Chris Ziegler, posted Sep 17th 2007 @ 3:58AM 
Not to be confused with earlier noise regarding a sale of Sanyo's phone manufacturing business to Kyocera, Sanyo has offloaded its mobile sales unit to Japanese phone retailer Telepark for 4.8 billion yen, which works out to about $42 million. The move is of little consequence outside of Japan as far as we can tell, but it's yet another sign that Sanyo's looking to strip itself of most of its non-core businesses, phones included. If anything, we'd say this all strengthens the case for an imminent sale of the grand prize to Kyocera, a move that would instantly boost the manufacturer's American presence through Sanyo's extensive dealings with Sprint. Sprint, you have these cats on speed dial?
