Friday, February 17, 2006

RIM: Still Open for A “Reasonable Settlement”

CNN (via Reuters) reports that RIM CFO Dennis Kavelman states that the company is still open to a reasonable settlement. The article reports:

"We haven't shut down communications" with NTP, said CFO Dennis Kavelman at a CIBC World Markets conference.
"You know if there's a reasonable settlement opportunity that we'd be there. I think we showed last year that we were willing to settle that."


However in case a settlement failures RIM has very strong contingency plans but still expects to lose some customers who would rather not install new software to use the workaround.

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