by CIO Staff

RIM Shares Up on News of BlackBerry’s Move to China

May 11, 20061 min
MobileSmall and Medium Business

Research In Motion, producer of the widely used BlackBerry handheld, on Thursday saw its shares jump by $1.51, or 2 percent, to $75.19, in early-morning Nasdaq trading on news that the company will offer its BlackBerry service in China via China Mobile Communications, the Associated Press reports via BusinessWeek.

Neither company specified the terms of the deal; however, they’re expected to begin offering BlackBerry service only to multinational companies with locations in China before later opening it up nationwide, according to the AP.

Details regarding the availability of BlackBerry handhelds and the BlackBerry Enterprise Server are to be announced in the future, the AP reports.

For related news coverage, read BlackBerry Maker RIM Countersues Visto and RIM Hopes to Launch BlackBerry in China.

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