Courtesy of ZeroHedge. View original post here.
Submitted by Tyler Durden.
With the entire Fairfax Financial LBO 'offer' premium now disappeared and then some, it seems the news for BlackBerry is going from bad to worse. As Reuters reports, in an announcement that highlighted the faded relevance of the company, T-Mobile US Inc said it was no longer efficient to keep BlackBerry devices in its stores. The 4th largest US wireless provider said it will ship them if people want them but they will no longer be stocked in stores.
Excerpt:In an announcement that highlighted the faded relevance of the company that pioneered on-the-go email, T-Mobile US Inc said it was no longer efficient to keep BlackBerry devices in its stores.
T-Mobile, the fourth largest U.S. wireless provider, will still ship BlackBerrys to customers who want them, most of them business users, said David Carey, executive vice president for corporate services.
The announcement from T-Mobile, which competes aggressively on price and is better known for consumers than for business customers, followed BlackBerry's news that it is pulling back from the consumer market, where it has bled market share to Apple Inc's iPhone and devices using Google Inc's Android software.
