Research In Motion Expands Retail Distribution In Partnership With Redington India
Aims to bolster growth of its range of BlackBerry smartphones
Mumbai, India - Research In Motion (RIM) (Nasdaq: RIMM; TSX RIM) announced a collaboration with Redington India to establish national retail distribution channels for BlackBerry® smartphones. This strategic business initiative will help RIM more effectively tap the fast growing mobile communications market in India.
As part of the retail distribution agreement with Redington India, BlackBerry smartphones and service plans from supported carriers will initially be available in retail and modern trade outlets across nine cities: Mumbai, Delhi, NCR, Hyderabad, Chennai, Bangalore, Kolkata, Pune and Ahmedabad. Redington intends to expand the retail footprint in a phased manner and will offer a wide range of BlackBerry smartphones beginning with the BlackBerry® Pearl™ series, the BlackBerry® Curve™ series and the BlackBerry® Bold™ smartphone.
Commenting on the partnership Mr. Rajesh Khetarpal, Head-Digital Life Style & Telecom SBU, Redington India said: “Redington has always believed in forging relationships that deliver value to end customers. Through this collaboration, Research In Motion will leverage our professional services and pan-India reach to increase the availability of BlackBerry smartphones across the country.”
Ms. Frenny Bawa, Vice President, India, Research In Motion said on the partnership: “This is an exciting phase of growth for Research In Motion and its partners in India and we are delighted to be working with Redington. This collaboration with Redington, together with our strong carrier partnerships and industry leading products and services, will further strengthen our market position and presence in India.”
About Redington India:
Redington, established in 1993, is one of the leading Supply Chain Solution Providers in IT, Telecom, Consumer Electronics & Home Appliances Industries. With its corporate office in Chennai, it has 43 Branch offices, 61 warehouses and 46 service centers across India. A team comprising of over 2000 highly skilled and committed professionals helps the Company deliver its products and services to every corner of the country. The team is supported by a robust IT & Communication infrastructure connecting over 100 physical locations of the company and a state of the art ERP and e-commerce back bone. Redington has built its business on very strong ethical and commercial fundamentals which has not only helped it to consistently exceed the industry growth rate, but has also enabled to firmly establish it as the "partner of choice" with most of its vendors and business partners. During fiscal 2007 - 08, the consolidated revenue of the Company was Rs.10,884 crores. The total revenue has grown at a CAGR of 53% for the last five years, underlining the very strong foundation and prudent practices on which the company's business practices have been built.
About Research In Motion (RIM)
Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data. RIM’s portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld™ product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market (NASDAQ: RIMM) and the Toronto Stock Exchange (TSX: RIM). For more information, visit www.rim.com or www.blackberry.com.
Mumbai, India - Research In Motion (RIM) (Nasdaq: RIMM; TSX RIM) announced a collaboration with Redington India to establish national retail distribution channels for BlackBerry® smartphones. This strategic business initiative will help RIM more effectively tap the fast growing mobile communications market in India.
As part of the retail distribution agreement with Redington India, BlackBerry smartphones and service plans from supported carriers will initially be available in retail and modern trade outlets across nine cities: Mumbai, Delhi, NCR, Hyderabad, Chennai, Bangalore, Kolkata, Pune and Ahmedabad. Redington intends to expand the retail footprint in a phased manner and will offer a wide range of BlackBerry smartphones beginning with the BlackBerry® Pearl™ series, the BlackBerry® Curve™ series and the BlackBerry® Bold™ smartphone.
Commenting on the partnership Mr. Rajesh Khetarpal, Head-Digital Life Style & Telecom SBU, Redington India said: “Redington has always believed in forging relationships that deliver value to end customers. Through this collaboration, Research In Motion will leverage our professional services and pan-India reach to increase the availability of BlackBerry smartphones across the country.”
Ms. Frenny Bawa, Vice President, India, Research In Motion said on the partnership: “This is an exciting phase of growth for Research In Motion and its partners in India and we are delighted to be working with Redington. This collaboration with Redington, together with our strong carrier partnerships and industry leading products and services, will further strengthen our market position and presence in India.”
About Redington India:
Redington, established in 1993, is one of the leading Supply Chain Solution Providers in IT, Telecom, Consumer Electronics & Home Appliances Industries. With its corporate office in Chennai, it has 43 Branch offices, 61 warehouses and 46 service centers across India. A team comprising of over 2000 highly skilled and committed professionals helps the Company deliver its products and services to every corner of the country. The team is supported by a robust IT & Communication infrastructure connecting over 100 physical locations of the company and a state of the art ERP and e-commerce back bone. Redington has built its business on very strong ethical and commercial fundamentals which has not only helped it to consistently exceed the industry growth rate, but has also enabled to firmly establish it as the "partner of choice" with most of its vendors and business partners. During fiscal 2007 - 08, the consolidated revenue of the Company was Rs.10,884 crores. The total revenue has grown at a CAGR of 53% for the last five years, underlining the very strong foundation and prudent practices on which the company's business practices have been built.
About Research In Motion (RIM)
Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data. RIM’s portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld™ product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market (NASDAQ: RIMM) and the Toronto Stock Exchange (TSX: RIM). For more information, visit www.rim.com or www.blackberry.com.
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