The Blackberry manufacturer Research In Motion Limited (TSE:RIM) (NASDAQ:RIMM), has been under a lot of pressure the last few weeks. The company released worse than expected first quarter losses, plans to lay-off 5000 employees and a 33% decrease in profits when compared to the last quarter. Moreover, the release of BlackBerry 10, previously scheduled for this year, was delayed till the first quarter of 2013. To add fresh wounds to Research In Motion Limited (TSE:RIM) (NASDAQ:RIMM)’s already troubled business, the company is now under huge pressure to cut down on the carrier fees that customers like AT&T Inc. (NYSE:T) have to pay. If…
RIM: Could it Get Worse? Now under Pressure to cut Carrier Fees
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.