TORONTO (Reuters) – While Research In Motion Ltd focuses on the make-or-break launch of its next-generation BlackBerrys later this year, a more immediate question for the embattled company is whether its cash can hold out until the new phones finally hit the market.
RIM has already told investors to expect an operating loss when it releases fiscal first-quarter results on Thursday. With that in mind, the focus is now squarely on whether RIM, by reining in costs, mostly through job cuts, can buy enough time to get its shiny new smartphones into the hands of consumers.
TORONTO, June 20 (Reuters) – Globalive, an upstart entrant
to Canada’s wireless industry that fought court battles over its
own level of foreign ownership, has filed a complaint to the
regulator over the concentration of foreign funding at its much
larger rival Telus Corp.
Almost half of Telus’ voting shareholders live outside
Canada, which suggests they are not Canadian, Globalive said in
a filing to the Canadian Radio-television and Telecommunications
Commission (CRTC) on Wednesday.