BlackBerry continued to reconfigure its operations as it tries to revive its business under interim CEO John Chen, and announced the departure of several top executives, including those responsible for the rollout of its BlackBerry 10 platform, which has failed to reignite sales.
BlackBerry issued an open letter to customers and partners around the world, assuring them that the company is "here to stay" even as it contemplates going private and its future is up in the air.
BlackBerry's shares tumbled nearly 8 percent Thursday, the most in two weeks, as financial analysts questioned the strength of early sales of the Z10, the company's flagship smartphone running its new BlackBerry 10 platform.
Sales of BlackBerry's flagship Z10 smartphone got off to a relatively slow start over the weekend at AT&T Mobility stores, according to analysts and media reports, but Verizon Wireless and T-Mobile USA will also start selling the phone by the end of the month.
BlackBerry, formerly Research in Motion, appears to be off to a strong start with the UK launch of its new BlackBerry 10 platform, according to a financial analyst.
Not everyone will embrace T-Mobile's decision to do away with device subsidies. But I'm glad T-Mobile is making the switch, and at CES many industry players seem to agree.
LAS VEGAS--Verizon Wireless, AT&T Mobility, Sprint Nextel and T-Mobile USA each confirmed they will support Research In Motion's BlackBerry 10 platform this year, giving RIM a shot in the arm three weeks ahead of its Jan. 30 BB10 unveiling.
LAS VEGAS--While all eyes are on the first two BlackBerry 10 devices Research In Motion will introduce later this month, RIM plans to eventually hit a range of price points at the high, middle and lower end of the market with its BB10 devices, according to a senior executive.
Boulben with Frank Boulben, CMO of LightSquared Sprint Nextel (NYSE:S) confirmed that it is entering into a 15-year network hosting deal with wholesale LTE provider LightSquared valued at
LightSquared expects to receive between $3 billion and $3.5 billion in additional funding over the next two and a half years, according to a top company executive. The funding would help bolster its