China Telecom Announces BlackBerry Small Business Service

RIMM China Telecom Announces BlackBerry Small Business ServiceIt’s been a while since we’ve reported on Research in Motion (NASDQ: RIMM) and that’s just because it’s been a really sad past couple of months for the Canadian telecom giant. Things may start looking up for May trading as news from China brings a huge jump in stock prices on  the market opening today.

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The winds Wall Street Journal brings news of a huge move by Research in Motion to bring their BlackBerry services in to China. This comes as an effort by mobile giant China Telecom to try and dominate within the Chinese mobile world. China sure was the buzz word that set this Research stock in to Motion for the first time after almost a month and a half of sluggish trading below their February high of nearly $68 a share. China Telecom will be offering the BlackBerry Bold 9650 right off the bat – with potentially more phones on the way.

An upgrade from Bernstein Research as well as an endorsement from RBC Capital of sector perform for RIM has put the stock in a favorable position to make a rebound. Midweek trading leaves RIM at a high for May, let’s see if this trend continues.

Source: WSJ

 China Telecom Announces BlackBerry Small Business Service
Grew up in San Francisco, now live in Los Angeles. I am an Executive Manager at a heavy duty parts and repair company. I love technology - mostly all things BlackBerry related - and I enjoy sharing my opinions with people and helping to spread the good work of BlackBerry. You can contact me at anthony (at) blackberryempire (dot) com, find me on twitter @the_ruined, or catch me on BBM, PIN: 333D7B6B
 China Telecom Announces BlackBerry Small Business Service

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