Multi-standard mobile terminals (MTs) allow mo-bile users to experience ubiquitous connectivity and better quality of service. However, these advances come at a price of higher power consumption for MTs due to holding multiple active interfaces. In this paper, we apply multihop relaying through pervasive short range interfaces (e.g., Bluetooth, WiMedia. etc.) in the presence of an infrastructure network (e.g., LTE, WiFi, etc.) to extend the battery lifetime of multi-standard MTs. To this end, MTs exchange context information (conveying channel state information, battery level, etc.) and, whenever beneficial, form a coalition, pool their resources, and perform their tasks cooperatively to enhance their efficiency. We introduce a novel utility function to assess the profitability of cooperation. To incentivize MTs to cooperate, the achieved common utility of the coalition can be distributed among the cooperative MTs by means of energy credits using a solution concept from coalitional game theory. The simulation results validate the effectiveness of the proposed approach to extend the battery lifetime of MTs to more than double.