Openwave (Nasdaq: OPWV), the troubled mobile software company, reported its Q2 numbers yesterday, and the results were mixed, but it is restructuring its operations drastically. It had revenues of $68.1 million, down 18.4 percent from the $83.5 million in the year-ago quarter. It had a net loss of $91.8 million, compared to a loss of $5.1 million in the year-ago period. The loss included a charge of $54.7 million from discontinued operations of its mobile music service Musiwave property. That’s a big writedown: Musiwave, the French mobile music services company, was bought by Openwave in 2005 for about $121 million, among the bigger deals then in the mobile content sector. The company reported Q2 with the Musiwave results categorized as discontinued operations as it considers Musiwave as an asset held for sale…meaning it might be sold off.

The company also named a new CFO and announced the appointments of John Boden to SVP of product management and Michael Wallis-Brown to GM for the Asia-Pacific region.