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RIM Hires Bankers to Help Restructure

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Replying to:  Sale bafore bankruptcy? by Andras888   Apr 23, 2012, 11:25 AM

Re: Sale bafore bankruptcy?

by HawkeyeOC    Apr 23, 2012, 1:34 PM

Andras888 said:
I think RIM wants to do one better than Nortel did: Sell what they can before they go bankrupt.

It's a restructuring effort in order to make sure they are profitable moving forward and most likely everything is on the table. Nortel made no such real effort and their lack of focus did them in.
Honestly, it should be much easier for Rim to identify what they need to concentrate on. Nortel had it's hands in so many different areas, no one even them knew what they did Laughing

"Some of the ideas on the table include selling select assets, looking at joint ventures, licensing patents to other companies, or opening up access to ir proprietary network. In particular, the company wants generate the maximum possible revenue from its forthcoming BlackBerry 10 platform, which is due to arrive late in the year."

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