Subject: [NEXTEL-1] RIM launches "walkie-talkie" WackBerry with Nextel

From: Marcel <[email-masked]>
Date: Tue, 03 Dec 2002 14:41:45 -0500

http://biz.yahoo.com/rc/021203/tech_researchinmotion_1.html

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Reuters

RIM launches "walkie-talkie" BlackBerry with Nextel
Tuesday December 3, 8:45 am ET

TORONTO, Dec 3 (Reuters) - Research In Motion Ltd. (RIM)
(Toronto:RIM.TO - News) said on Tuesday it has launched a new version of its
popular BlackBerry e-mail device, which includes
"walkie-talkie" feature, with U.S. wireless carrier Nextel
Communications Inc. (NasdaqNM:NXTL - News)

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Waterloo, Ontario-based RIM said the new Java-based
BlackBerry 6510 device begins shipping this week from Nextel,
the No. 5 U.S. wireless telephone company. Financial terms of
the agreement, which was widely expected, were not disclosed.
RIM noted that more than 90 percent of Nextel's subscriber
base, which stood at about 10.1 million customers at the end of
the third quarter, were business customers, who are the primary
users of the BlackBerry.
"They've been talking about this for some time and said it
was going to be available. It's much pretty similar to the
previously launched 6710 , integrated phone, integrated
earpiece speaker," said Michael Abramsky, senior technology
analyst with Canaccord Capital.
"Nextel is a very important relationship for RIM because
the 10.1 million Nextel subscribers are ideally suited to RIM's
subscriber base. And Nextel has stated pretty frequently that
it's pretty bullish on the outlook..it's a potentially big
opportunity for RIM."
Nextel has managed to post strong quarterly results in the
highly competitive U.S. wireless industry partly due to the
popularity of Direct Connect, a service similar to a
walkie-talkie, especially used by technicians and construction
crews. The new BlackBerry device includes the Direct Connect
feature.
RIM and Nextel announced in January they would work with
Motorola Inc. (NYSE:MOT - News) to develop a BlackBerry device that would
operate on Nextel's national network and use Motorola's iDEN
technology.
Separately, RIM also announced on Tuesday that it reached a
new supply agreement with Alpha Micro Components to distribute
RIM's OEM radio modems for GSM/GPRS wireless networks to device
manufacturers in the Britain and Ireland.
($1=$1.56 Canadian)

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