Motorola Mobility reported third quarter net revenues up 11 per cent at $3.3 billion but with still microscopic net earnings of $35 million down slightly Year on Year.

Home revenues of $825 million, were down 10 percent from third quarter 2010, generating an operating profit of $77 million, flat on last year. However, the company said the Home unit had made good progress: 4Home software platform chosen to power Verizon’s new Home Monitoring and Control service. It introduced advanced video processing technologies to drive bandwidth efficiency and video quality in the European market, including the SE-6000 video encoder and the ST-6000 transcoder. It expanded IP growth and leadership in Russia, extending IPTV set-top rollout with leading telecom provider, Vimpelcom Ltd. Was selected by Henan Cable to deliver Video On Demand and Network Digital Video Recording services to its 3.6 million subscribers in China, using M3 Media Server family.

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