RIM (RIMM) Lower as BlackBerry Interruption Reported in Key Market (VOD)

January 11, 2013 7:19 AM EST
Research In Motion Ltd (Nasdaq: RIMM) is lower in pre-market action after an incident has been reported in one of its key markets.

Earlier today, Vodafone (Nasdaq: VOD) said it was experiencing BlackBerry "connection issues." A spokesperson for Vodafone said the company was looking into the extent and cause of the interruptions.

This is notable for RIM given that it is still relatively popular with the younger crowd in the U.K., where Vodafone operates. Users generally tap BlackBerry for its Messenger service, a cheaper alternative if you send a boatload of text messages.

Shares of RIM are down about 2.5 percent in early trading. The stock is about flat from the close last Friday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Insiders' Blog


mojo on 2013-01-11 20:26:00
Mark as Spam | Reply to this comment

@ respighifan

Why should the headline be updated? Look at the datestamp. The article says Pre-trading.

Would you update Tuesday weather on the Wednesday for current conditions. This is a static article for a moment in time not a stock ticker.

respighifan on 2013-01-11 12:36:55
Mark as Spam | Reply to this comment

up over 6% from opening this morning! Can you please get your facts straight, or atleast UPDATE your headline?

Add Your Comment