Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

BlackBerry Presenter RIM Signing Up Decree Set for Streamlining

By Nick Willis Subscribe to RSS | April 23rd 2012 | Views:

After continuous loss in mobile trading due to some or other reason, BlackBerry presenter, Research In Motion (RIM) is now planning to sign up a decree set for streamlining its products. The law set includes Milbank, Tweed, Hadley &McCloy LLP to work upon the reconstructing plan counting sufficient selling resources, looking joint business enterprises or providing license for official documents- unveiled the sources.

The source also revealed that a discussion was set by RIM Ltd. in the meeting regarding 10 OS of BlackBerry and consequent antidote network launch. There was a time when RIM was expected to add around $4 billion to its firm as revenue by dealing with major mobile operators and telecom carriers. Now is the time when the same company is struggling hard to gather bits of revenue. The plan for streamlining the BlackBerry handsets becomes effective when the firm will manage to attract the customers towards its product, leaving behind the products of Apple iPhones and Google Inc’s Adroid software based smartphones.

The strategy for streamlining, however, has been considered as very mature step to be taken by the company to move ahead in the race. Loss made by RIM in the recent division of the year is marked around $125 million. Total revenue even dropped in last three months due to its below-presenting PlayBook launch. Concluding all, the firm has faced 75 per cent of total loss for last 12 months and now, the market value of the Canadian company is below $7 billion. Milbank representatives and RIM denied uttering any word to this.

Many of the bankers are grooving around RIM Co. to provide financial advices but seems like the company is not in mood to hire any bankers as for now. RIM will definitely hire bankers only when the firm will be able to sell of its various assets or else, in case any other company approaches to take over the firm, as confirmed the sources. Nevertheless, RIM was in association with Mibank for long period of time, few times back and thus, keeps hold of decree set Skadden, Arps, Slate, Meagher & Flom LLP. Moreover, the firm also checked with Monitor Group for strategic counsel.

Check out the best blackberry handset – Blackberry torch 9810 deals @

Nick Willis - About Author:
Nick Willis is expert telecom adviser and he writes articles on mobile. Get the right information for mobile technology and we provides the best deals offers Blackberry torch 9810 Contract and Blackberry torch 9810 pay monthly
Please visit best commenting sites-

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Mobile Phones Articles Subscribe to RSS

Nokia C2-06 : touch and type mobile phone
Published by Wenddymadden on January 27th 2012 | Mobile Phones
Nokia C2-06 is said to be the best touch and type mobile phone for the youngsters. It also has many ...
Why buy wireless phone if you have a cell phone
Published by John Peterson on May 26th 2012 | Communication
Many people believe that the mobile phone is the best way to communicate with others. Also, if you t...
What can we expect from the leading home phone services?
Published by Cody on June 13th 2012 | Communication
Security is one of the major issues with the cell phones. Anytime your cell phone conversations can ...
Guidelines on how to buy a smart phone
Published by Sandeep on December 27th 2011 | Mobile Phones
With the steady release of Smart Phones devices and latest progress of technological innovation, it ...
Use your old cell phone for social cause
Published by Pace Butler on February 5th 2012 | Mobile Phones
All people are working to make their life easier and more comfortable. They work day and night to ea...
Does your network provide you with the best possible mobile phone coverage?
Published by Cheri Bowden on April 15th 2012 | Mobile Phones
This article is about how to ensure that you are getting the best possible deal from your mobile pho...
Things to consider before you purchase a home phone
Published by Heather Protz on March 30th 2012 | Mobile Phones
Some random tips that you need to consider before buying a home phone connection....
Mobion Share - New Application for Smart phone
Published by Lost Lone on January 17th 2012 | Mobile Phones
international version of Mobion Share for Android, IOS, Windows Phone. Having designed a real-time, ...
Motorola Starling EX115 is an extra slim phone
Published by Wenddymadden on January 12th 2012 | Mobile Phones
Motorola EX115 is Dual sim (GSM+GSM) QWERTY mobile phone with multiple connectivity options, long ba...
Benefits of upgrading your phone
Published by Ozone Safes on April 25th 2012 | Mobile Phones
Today, the demand of mobile phone is rising, because it is requirement of every

person. Ev...
Buy new used cell phone
Published by Pace Butler on March 23rd 2012 | Mobile Phones
The cash for old cell phones you get is sufficient to purchase another used cell phone. You only nee...
How to enhance your business with phone system?
Published by James Allen on June 19th 2012 | Mobile Phones
There are quite a few factors you will have to consider when evaluating and deciding on the business...
Sprint app disables phone functions for safer driving
Published by Ritika Sharma on December 20th 2011 | Mobile Phones
Finally a technology that will prevent accidents by helping drivers do what they should be doing, pa...
HTC Rezound to get ICS Android phone by May 7
Published by Mark Boucher on May 1st 2012 | Mobile Phones
HTC Rezound had been rumoured to receive Android ICS by Best Buy for long time. No upgrades have bee...
HTC One X phone to be bucket of India mobile market
Published by Harry Smith on April 2nd 2012 | Mobile Phones
HTC is trying out its possible ways to sale out its entire latest model One X. For the first time, I...
HTC Flyer Wifi 3G White - best Android tablet phone
Published by Fuizy Martin on December 7th 2011 | Mobile Phones
HTC mobile phones have gained huge success and popularity in the market. This classic brand has manu...
Buy a new cell phone selling your old phones for better prices
Published by Pace Butler on February 5th 2012 | Mobile Phones
If you are going to attend your best friend's birthday celebration this weekend, you would be worrie...
Sell used cell phone to get good returns
Published by Pace Butler on March 29th 2012 | Mobile Phones
Your old cell phones give you good returns at least then when you are purchasing another cell phone ...
At Wireless Solutions We fix all cell phone problems and cover all manufacturers.
Published by Jawad on May 28th 2012 | Mobile Phones
At Wireless Solutions we have seen it all – cracked screens, broken antennas, cracked or missing f...
How add-ons on home phone packages can improve communication?
Published by Annphilip on March 26th 2012 | Communication
Home phone is the best medium to communicate with friends and relatives. As we are living in a trans...