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RiM denies sell-off rumours


BlackBerry maker Research in Motion (RiM) has scotched rumours that it plans to split itself in two by selling off the handset business.

Instead, RiM has said it’s committed to a company turnaround.

“RIM has hired advisers to help the company examine ways to leverage the BlackBerry platform through partnerships, licensing opportunities and strategic business model alternatives,” it said in a statement.

“As (CEO) Thorsten (Heins) said on the company’s fourth-quarter earnings call: ‘We believe the best way to drive value for our stakeholders is to execute on our plan to turn the company around. This remains true.”

On Sunday, a newspaper report built on repeated rumours to state that RiM was considering selling either its handset unit or a stake in the company.