Home > Uncategorized > Problems mount for RIM

Problems mount for RIM

Research In Motion’s stock has lost 95% of its value in less than four years. To make things worse, US telecom giants like AT&T are pressuring RIM to reduce its carrier fees. This is a significant request because through these charges RIM collects $4 billion of Annual Revenue, and for RIM it is now a desperate need.

It is also reported that Canadian carriers such as Rogers and Bell are involved in the talks as well.

(Source: TechVibes)

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