Lippo Group’s Big TV Looking to Mitsui for Tech Expertise, Content

The Lippo Group, through an affiliate company, plans to officially launch a satellite-based pay television service in July under the trademark of Big TV, an executive said on Friday.

The group’s expansion in the pay television business, through affiliate company Indonesia Media Televisi (IMTV), is expected to help boost pay television subscriptions in Indonesia, where only 5 percent to 10 percent of the population have signed up. Indonesia’s television market is still dominated by free-to-air services.

IMTV signed an agreement on Friday with Mitsui & Co. Asia Pacific, part of the Japanese diversified trading company, that paves the way for Mitsui to own a 5 percent stake in IMTV. There was no transaction value revealed, but IMTV’s total paid capital is worth Rp 85 billion ($8.76 million).

“We think that the Lippo Group is doing a great job in business in Asia, so we want to be a part of that,” said Makoto Serino, a general manager at Mitsui.

“Mitsui has [a lot of] experience in IT business in many countries, and now Indonesia is one of the growing countries in the IT area, which is why we want to [invest] in this division of the Lippo Group.”

Mitsui, which bought the 5 percent stake from an existing stakeholder, is expected to bring technological support to the Indonesian company.

IMTV is 60 percent owned by Multipolar Media Prima, a company fully owned by Multipolar Technology, which in turn is a wholly owned subsidiary of Multipolar, a diversified investment holding firm of the Lippo Group. The Jakarta Globe is affiliated with the Lippo Group.

Established two years ago, IMTV launched a satellite in May last year, as part of the plan to roll out Big TV, the satellite-based pay television service that will be officially launched this July.

Big TV will compete against existing players such as Indovision, TOP TV, OkeVision, TelkomVision, Yes TV and Aora TV.

Felix Adichandra, the IMTV chief executive, said on Friday that he hoped Mitsui’s expertise in technology and global business network would prove beneficial to IMTV.

“We hope access to Japanese content should be easier too,” he added.

He said Mitsui’s stake would be limited to 5 percent for now, because Indonesian regulations limited foreign ownership in domestic media holdings to 20 percent.

Fifteen percent of IMTV is already owned by Link Net, whose majority shareholder is CVC Asia Pacific Limited, an international private equity firm.

“What would happen next is capital injection. Mitsui has said it will [provide] whatever capital injection is needed. It’s their commitment,” Felix said.

The presence of satellite-based pay television also complements Lippo’s First Media pay television service, a cable-based television and Internet provider.

Felix said Big TV was targeted at middle and lower-middle income subscribers.

“First Media is designed to serve big cities, through cable, while IMTV is directed to reach everywhere across Indonesia where cable can’t reach,” he said.

“Economic growth acceleration in eastern Indonesia, outside Java, has resulted in demand for entertainment and education that we can provide.”

Big TV aims to reach 1 million subscribers within its first year of operation. The service will offer up to 300 channels.

On Friday, First Media and IMTV signed an agreement with MP & Silva to secure the rights to broadcast English football games from the 2013 to 2016 Barclay’s Premier League seasons.

First Media, by the end of 2012, had about 291,000 subscribers, an increase of 52 percent from the 191,000 subscribers it had a year earlier.

http://www.thejakartaglobe.com/business/lippo-groups-big-tv-looking-to-mitsui-for-tech-expertise-content-2/

Nation Gets Next Generation In Telecommunications

The government gave a green light for companies that secured the license for the 2.3 Gigahertz frequency, or a broadband wireless frequency, to implement the adoption mobile-telecommunication technology that would provide a faster internet connection in the country.

Muhammad Budi Setiawan, a director general at Indonesia’s Ministry of Communication and Information Technology said the licence holders of the frequency can adopt the Long-Term Evolution technology — which is considered as the fourth generation (4G) of mobile-telecommunications technology — at the end of 2013, the at the earliest.

“Those who are already in the 2.3 Gigahertz, can come first to adopt LTE,” he said on Wednesday after attending the inauguration of the new office of Qualcomm, a leading global provider of wireless technology and services, in Jakarta.

LTE would enable a speedier transfer of large amount of data than existing mobile-telecommunication technology.

A number of license holders already carry the frequency. They include First Media, which is the Internet and pay-television unit of the Lippo Group; Berca Hardayaperkasa, which is controlled by the Murdaya family; Indosat Mega Media (IM2), part of Indosat, the second-largest mobile-phone operator.

These companies were awarded the area covering Jakarta and surrounding cities Bogor, Depok, Tangerang and Bekasi — which together make up the Greater Jakarta area — as well as Banten province.

Dicky Moechtar, corporate sales director at Link Net, a unit of First Media, said the company has been studying whether to adopt the LTE technology.

“If the government opens the opportunity by the end of this year, we welcome it very well,” he told the Jakarta Globe and Investor Daily late on Wednesday.
Dicky said Link Net now uses the

2.3 GHz frequency to cater its Wimax (Worldwide Interoperability for Microwave Access) service to customers.

Wimax is computer-based technology that amplifies existing Wi-Fi technology. Wimax is also capable of transmitting large amounts of data, wirelessly, at a very fast speed.

The company, which has been operating in the Greater Jakarta area and Banten, has had about 10,000 Wimax subscribers since it was first introduced in November 2009.

First Media also has secured the license for North Sumatra and Aceh but has yet to develop the service into these two provinces.

Dicky said First Media is ready to switch its service from Wimax to LTE, which it believes will enable the company to capture a larger consumer market.

With the LTE technology, Dicky estimates that the company can boost the number of customers to 400,000.

First Media has invested more than $200 million to develop its wireless Internet service. The company has installed its equipment at more than 1,000 base transceiver stations to enable the service. It is now looking to spend an additional $130 million to procure equipment as well as increasing the number of BTS facilities to as many as 3,000.

http://www.thejakartaglobe.com/business/nation-gets-next-generation-in-telecommunications/

Jakarta Named ‘Most Active Twitter City’ in Recent Study

Indonesia has two of the most active tweeting cities in the world, according to the a recent study by France-based social media monitor Semiocast.

Jakarta topped the list, while Bandung took 6th place, according to an announcement on semiocast.com on Monday. The survey said that 10.6 billion public tweets were posted in the month of June, and that more than 2 percent of them were tweeted from Jakarta, which was duly declared “the most active Twitter city” by the website.

Tokyo ranked second, followed respectively by London, Manchester, England, New York, Bandung, Paris, Los Angeles, Chicago and Riyadh.

“This study reveals that users from Jakarta were the most active within all cities ranked by the number of posted tweets, [showing] the activity of Twitter in the country,” Semiocast said.

But in terms of the number of Twitter accounts by country, Indonesia finished fifth after the US, Brazil, Japan and Britain. The 6th through 10th places were occupied by India, Mexico, Canada, Spain and the Philippines respectively.

Indonesia boasted 29.4 million Twitter user profiles as of the end of June, only slightly lower than Britain’s 32.2 million Twitter user profiles, Semiocast said.

Semiocast said up to 517 million Twitter user profiles had been created before July 1, including more than 140 million in the US alone.

English remains the most used language on Twitter, followed by Japanese, Semiocast said, pointing out that the US is the most active Twitter country, with US-based users posting 25.8 percent of all public tweets, followed by Japan-based users who posted 10.6 percent.

http://www.thejakartaglobe.com/archive/jakarta-named-most-active-twitter-city-in-recent-study/

RIM to Launch Long-Awaited BlackBerry 10 In Jakarta

Research In Motion will launch its much anticipated BlackBerry 10 operating system in Jakarta today, along with seven other cities around the world.

The launch will take place simultaneously in New York, London, Paris, Dubai, Johannesburg, Jakarta and New Delhi, and will be broadcast via the web.

“ This day will mark the official launch of its new platform — BlackBerry 10, as well as the unveiling of the first two BlackBerry 10 smartphones,” RIM said in a statement.

RIM chief executive Thorsten Heins visited Jakarta last October to meet business partners including cellular providers, handset retailers and distributors. He said he was confident Indonesia will remain one of RIM’s key markets, taking into account the popularity of BlackBerry messenger and attractive pricing.

Heins said that BlackBerry had around a 56 percent share in the smartphone handset market in Indonesia and the country accounted for around 8 percent of BlackBerry’s global business.

However, after RIM delayed the BlackBerry 10’s launch twice last year, it was losing ground in Indonesia’s smartphone operating system market.

RIM also has not launched any new handset model for about a year.

Android, Google’s mobile operating system, began to dominate the smartphone operating system market in Indonesia in the second quarter last year and has expanded its market share in the third quarter, according to a recent report by research group International Data Corporation.

Android’s market share rose to 64 percent in the third quarter last year from 52 percent in the second quarter.

IDC said that RIM is continuing its push in battleground Indonesia, upping shipments in the third quarter on the heels of rapid promotions via its distributors.

“Though its BlackBerry phones are still seen as the primary smartphone of choice for first time users, its dominance is waning,” the IDC report said.

In the nine months ending Dec. 1, 2012, the company posted a $744 million net loss, turning around from a $1.29 billion profit in the same period a year earlier.

For its fourth quarter, the company still expects to report an operating loss as it anticipates sizable marketing expenses to promote the BlackBerry 10.

http://www.thejakartaglobe.com/tech/rim-to-launch-long-awaited-blackberry-10-in-jakarta/

Social Media Addiction a New ‘Pathological’ Disorder

Irma Dinia, not her real name, considers herself a social media addict. Every morning upon waking up, she checks her Twitter timeline and Facebook newsfeed from bed, just to see if there is any mention of her name. She does the same before going to bed at night.

“I am really annoyed with that, but I can’t stop myself from doing the same thing again and again. I just feel like I need to,” Irma, a 31-year-old private employee in Central Jakarta, spoke of her dilemma.

She said she would feel a rush of excitement whenever people retweeted her, or when her status on Facebook invited a string of comments. Conversely, a muted reaction to her posts would leave her feeling down.

“That’s a thing I’m ashamed to admit, but that is how I feel,” Irma said.

Icha, a 20-year-old student at the Bandung State Polytechnic (Polban), similarly shared her problematic addiction with social media sites.

“I keep opening Twitter although there is no mentioning. That’s annoying but I can’t stop. The timeline is often boring, but I just keep checking it,” Icha told the Jakarta Globe in a phone interview from Bandung.

“I used to hurt my fingers just to reply to all those mentionings, but I kept replying to them,” she added.

Icha said the obsession had been with her since she started using a BlackBerry early last year.

“Whenever I ran out of my phone credit, I would check Twitter via my mom’s or dad’s cellphones,” she said.

Icha said in recent months her addiction to Twitter had become less intense, but only because her friends had migrated to the happening chat services WhatsApp and LINE.

“And I’ve started delaying recharging my phone credits because whenever I have them, I am tempted to do all those [social media activities].”

Although there is no study or official report yet about social media addiction in Indonesia, the potential is certainly there, with Indonesians ranking among the top users of Facebook and Twitter.

The latest data from checkfacebook.com shows Indonesia’s 47 million users sit fourth in terms of the number of Facebook users worldwide, after the United States, Brazil and India.

France-based social media monitor Semiocast last year named Indonesia’s capital, Jakarta, as the world’s most active Twitter city, taking first place among a top five that included Tokyo, London, the British city of Manchester and New York. Bandung, Indonesia’s third largest city, came in sixth place.

Some Twitter-related phenomena also owe their origins to Indonesia.

There are those “selebtwit,” or Twitter celebrities, namely people who are not public figures but manage to gain a significant following and become celebrities of a sort; “kultwit,” an Indonesian acronym for Twitter lectures, in which users tweet continuously for hours about certain issues; and Twitter wars, most prominently waged when Twitter celebrities attack each other in 140-character jabs.

A psychology professor from the University of Indonesia (UI), Hamdi Muluk, said on Thursday that social media addiction could be considered a pathological disorder requiring therapy.

“It is not a physical addiction as is the case with cigarettes or alcohol, but it can be classified as a psychological addiction. The parameter is if it is excessive or not,” said Hamdi, who heads the doctorate program at UI’s School of Psychology.

“If the time they use for social media exceeds normality and disrupts their daily activities — distracting them from work, making them forget to eat, reducing their sleeping hours and causing them to feel restless and anxious if they don’t [get their regular exposure to social media] — then it is pathological,” he explained.

Hamdi said more than four hours of daily engagement with social media could be classified as a pathological addiction.

He added that people with low self-esteem, individuals struggling with their real social lives or those with obsessive tendencies or craving attention were especially prone to social media addiction.

“And they’re usually not aware that they’re having a problem; it is people around them who will usually first take notice,” Hamdi said.

A recent report by Reuters TV highlights social media addiction as a newly recognized psychological problem. “Likes” and retweets give users a burst of the addictive neurotransmitter dopamine, but a lack of endorsements can provoke jealousy and anxiety. And it’s a lot more common than people might think, although some aren’t willing to admit it.

Reuters TV quoted consultant psychiatrist Richard Graham from NHS Tavistock and Portman Clinic in London, who said he treated around 100 social media addicts a year at the clinic, with the patients’ ages ranging from 10 to 35.

A study last year by the University of Chicago, which was presented in the US city of San Diego on Jan. 27 at the annual meeting of the Society for Personality and Social Psychology, found that social media addiction could actually be more problematic than cigarettes or alcohol.

The study, called the Everyday Temptation Study, examined and compared various desires people experience in everyday life, including a look at basic needs such as food, sleep and sex, and “modern cravings” such as smartphones and social media.

“Social media stood out as a desire that is relatively hard to control in comparison,” Wilhelm Hofmann, associate professor at the University of Chicago’s Booth School of Business and a co-author of the study, said in an e-mail to the Jakarta Globe.

More than 40 percent of 205 adults from the city of Würzburg in Germany who were subjects of the study failed to resist “media desires,” including surfing the web, checking e-mails and especially social networking.

The percentage was higher than of those who failed to resist other desires, such as for cigarettes, alcohol and sex.

The study, which did not differentiate between men and women, suggests social media’s addictive nature is perhaps because of the constant availability of media.

“For sure, the long-term and health consequences of media over-consumption may be less harmful than those of other behaviors we compared it to, such as smoking or alcohol abuse,” a brief summary of the study’s findings reads.

“At the minimum, however, these activities may consume considerable portions of people’s time and distract attention from other goals and activities,” it adds.

http://www.thejakartaglobe.com/health/social-media-addiction-a-new-pathological-disorder/

BlackBerry Z10 Launched in Jakarta

BlackBerry has unveiled its long-awaited new smartphones to the Indonesian market, one of its most important, ahead of the devices going on sale here later this month as the company tries to regain ground lost to rivals Samsung and Apple.

Hastings Singh, BlackBerry’s managing director for South Asia, said at a press conference in Jakarta on Monday that the BlackBerry 10 line of smartphones marked a brand new start for the company. Also symbolic of that change, the company renamed itself BlackBerry from Research In Motion when the operating system was announced in January.

As for the redesigned operating system, Hastings said it was built from the ground up to offer new ways of multitasking, using apps and supporting connectivity.

BlackBerry 10 devices no longer have a home button. A new feature called BlackBerry Flow allows users to switch apps and receive notifications through a simple swipe. The new, redesigned BlackBerry Messenger, a very popular feature in Indonesia, now allows video calls. The company has also developed a new browser, camera and apps.

Some of the built-in apps in BlackBerry 10 devices include Facebook, Twitter, Foursquare and LinkedIn.

The BlackBerry Z10 is the touchscreen version and will be available at all BlackBerry Lifestyle stores across Indonesia from March 15. It is the first device to use the redesigned operating system. Available in black and white, the smartphone will retail for Rp 6.999 million ($721).

Vivek Bhardwaj, BlackBerry’s head of software portfolio, said they were shaping the new BlackBerry experience by making things simple.

“BlackBerry is stepping away from traditional use of smartphones,” he said.

“BlackBerry Flow is gesture-based, and we believe it’s the future.”

Singh said Indonesia was the key market for BlackBerry. The Jakarta launch is the company’s biggest marketing investment. Singh also added that by brand BlackBerry had 50 percent of the Indonesian smartphone market share.

BlackBerry has also conducted focus group discussions in the country and sought feedback and product insights from Indonesian customers.

“Indonesia has given us inputs for the design of the product,” Singh said.

Research from International Data Corporation, though, showed that the market share of phones that use Android’s operating system rose to 64 percent in the third quarter last year from 52 percent in the second quarter. BlackBerry’s biggest competitor running Android is Samsung, while Apple has its own operating system.

Thorsten Heins, the BlackBerry chief executive, said in Jakarta last October that Indonesia accounted for about 8 percent of BlackBerry’s global business.

The Z10 is being launched ahead of its qwerty version, the Q10, to seize market opportunity. Singh noted that the touchscreen phone had the highest demand in the smartphone market. Even though BlackBerry is confident that it has the best physical qwerty keyboard, the earlier launch for the Z10 is its latest strategy.

BlackBerry has plans to launch six devices running BlackBerry 10 progressively throughout the year, Singh said.

Teemu Sorvisto, director of alliance and development at BlackBerry, said the company had worked with key partners, such as Walt Disney, Skype and Rovio, the creator of the Angry Birds game. He also said that Indonesian developers had submitted more than 4,000 applications. BlackBerry has also worked with more than 50 local partners in Indonesia, such as Cinema 21, Bluebird Taxi, Garuda Indonesia, Bank Central Asia, Bank Mandiri and several news outlets.

BlackBerry has been focusing on developer communities in the past two years. One of the local-made app for BlackBerry 10 is Soccer Ticker, made by Indonesian developer Vincent Putra — the winner of the BlackBerry Jam 2012 for Asia Pacific.

“BlackBerry is still very relevant for developers in Indonesia because the market is still huge,” he said.

His Soccer Ticker app allows users to keep track of soccer updates, schedules, and real time statistics.

Unique to BlackBerry 10 for Soccer Ticker is its connectivity to the popular BlackBerry Messenger feature.

“I think it’s beautifully connected, and users can simply chat using BBM while also using my app,” Vincent said.

http://www.thejakartaglobe.com/editors-choice/blackberry-z10-launched-in-jakarta/

Angry Birds Cartoons Head for Indonesian TV Screen

elsinki, Finland. The makers of Angry Birds are launching a cartoon series this weekend, expanding further beyond its highly addictive games in a bid to expand entertainment and merchandising.

Rovio, the company behind the popular mobile app game Angry Birds, said the cartoons will feature adventures of birds that appear in its games.

Angry Birds Toons can be downloaded through on-demand services, and will also air on television channels such as FOX8 in Australia, ANTV in Indonesia, Cartoon Network in India, and MTV3 Juniori and MTV3 in Finland, it said.

Rovio has expanded into merchandising and licensing in the past few years and its colorful, round bird characters are sold as stuffed animals and appear on everything from T-shirts to soda cans.

It announced in December that it hired Hollywood executive David Maisel as executive producer of a 3D animated film planned for release in 2016.

http://www.thejakartaglobe.com/features/angry-birds-cartoons-head-for-indonesian-tv-screen/

New BlackBerry Model to Boost Telcos’ Data Revenue in Indonesia

Macquarie Equity Research said the recent launch of BlackBerry’s new Z10 model in Indonesia will help boost data revenue of telecommunication firms.

“Data now accounts for 20 percent of industry revenues, which we expect will grow conservatively by 25-30 percent in 2013, effectively driving 65 percent of industry growth of 8-9 percent. The successful launch of smartphones provides upside to estimates,” analyst Riaz Hyder said in a note on Tuesday.

The research note said industry feedback suggested the initial reaction to Z10 was strong, with unit sales expected to reach 100,000 over the next six months.

“Leading retailer Erajaya has already sold almost all of its 19,000 units allocated and is trying to secure additional stock. Rising smartphone adoption [currently around 15 percent] is a key driver for our positive sector thesis.”

Indonesia’s biggest cellular provider Telkomsel, a unit of Telkom, expects its BlackBerry subscriber base to grow to 40 percent in 2013 while Indosat has the most aggressive data pricing among major operators, with Rp 11 per megabyte (MB), the note said.

However, the research house said it is concerned about the operators’ ability to cope with accelerating data usage although capex intensity is likely to remain high in the medium term as operators ramp up 3G coverage.

Shares of Indosat rose 2.42 percent to Rp 6,350 (65 US cents) while Telkom shares were up 0.95 percent at Rp 10,600. Erajaya shares rose 0.78 percent to Rp 3,225. The broader index was up 0.57 percent.

http://www.thejakartaglobe.com/tech/new-blackberry-model-to-boost-telcos-data-revenue-in-indonesia/

Dell: Ample Demand in Indonesia for Services

Business expansion and increased competition among Indonesian companies are pushing demand for technological services, claims Dell, a US PC maker.

“Corporations are demanded to work faster, bigger and more responsive,” said Pieter Lydian, a managing director at Dell in Indonesia, in a meeting with journalists on Thursday.

With demand that was spurred by expansion in the economy, technology has became extremely important for companies, Pieter said. Meanwhile, technology alone is not enough, he said, citing Dell’s solution-based approach.

“People are dealing with problems that need solutions. What’s the point of having technology if it does not offer a solution?” Pieter said.

Dell’s solution and service business ranges from building and configuring corporate imaging, hardware and software integration, to service technicians that can be called for help at a moment’s notice.

Pieter declined to disclose the revenue growth in Dell’s service business in Indonesia, but he assured that the demand remained robust.

Danny Hartono, senior service business development manager at Dell, citing data from International Data Corporation, said that companies’ spending on technological services has increased about 20 percent annually over the past few years.

Despite the fact that revenue from product sales remains the biggest contributor to earnings, sales services business is crucial as it enhances the sales growth of products. In the corporate market, Peter said, Dell is “very dominant” in Indonesia, but refrained from revealing its market share.

Demand is not only coming from big corporations such as big banks in need of managing their complex online systems, but also from small to medium-sized businesses. SMEs have even more pressing demand for technological solutions because of limited human resources, the managing director said.

Meanwhile, as Dell starts to increase its exposure to the consumer market, the company will also experience increasing service demand in the consumer segment.

“Consumers now are more demanding and more aware of what they need. As consumers are getting more educated, they are more value conscious,” Pieter said.

IDC reported earlier this month that in 2012 a total of 5.2 million units of personal computers was shipped into the country. Although it shows 2 percent decline from a year earlier— as PCs compete with tablets— the IDC said that it is fairly optimistic for sales to rise in 2013 as prices become more attractive.

http://www.thejakartaglobe.com/tech/dell-ample-demand-in-indonesia-for-services/

BlackBerry Shows Signs of Life in Transition Quarter

Montreal. Showing signs of fresh life, smartphone maker BlackBerry eked out a small profit in a transition quarter in the midst of its rollout of a make-or-break platform to challenge Apple and Android.

The Waterloo, Ontario firm said Thursday that profit in the fourth fiscal quarter ended March 2 was $98 million, compared with a loss of $125 million in the same period a year earlier.

The results come as the company conducts a phased rollout of new smartphones based on the new BlackBerry 10 platform, seen as its best hope at regaining traction after suffering staggering losses in market share in recent years.

The group said it shipped six million smartphones in the quarter, including around one million BlackBerry 10 units, while its subscriber base slid by three million, to 76 million.

The company unveiled its new platform on January 30, as it dropped the corporate name Research in Motion to rebrand as BlackBerry. But sales launches have been staggered, based on region.

The quarterly data included some sales of the new phones in Canada, Britain, India and Indonesia. In the United States, the new phones went on sale just last week in what some analysts called a disappointing debut.

“We have implemented numerous changes at BlackBerry over the past year and those changes have resulted in the company returning to profitability in the fourth quarter,” said president and chief executive Thorsten Heins.

“As we go into our new fiscal year, we are excited with the opportunities for the BlackBerry 10 platform, and the commitments we are seeing from our global developers and partners.”

Heins told a conference call that BlackBerry was getting strong interest from app developers, with more than 100,000 now available.

“Early indicators are that BlackBerry 10 users are hungry for applications, and we’re getting more commitments from global app developers daily as our launch continues its rollout.”

In the past quarter, revenue slid to $2.7 billion from $4.2 billion a year earlier and was below analyst estimates of $2.84 billion.

But the profit excluding special items of 22 cents a share was a surprise, as analysts had expected a loss of 29 cents a share.

An early rally in BlackBerry shares faded and the stock lost 0.87 percent to close at $14.44.

Analyst Brian Modoff at Deutsche Bank said the latest results had both positives and negatives.

“While the company had a moderately successful launch of the Z10, we highlight that there is a long way to go and believe they still have significant challenges,” he said.

“The challenges at the company are still daunting and we think the next few quarters will go a long way towards determining their success.”

Peter Misek at Jefferies was upbeat, saying BlackBerry is working to reduce reliance on phone sales and offer its secure software to rivals.

“While most near-term focus continues to be on the phone, we believe BlackBerry’s mobile device management opportunity is underappreciated,” he said.

This software “will gain traction throughout this year and see a significant ramp in revenues next year,” Misek said in a note to clients.

But Paul Ausick at 24/7 Wall Street said the profits masked some bleak figures on lower-than-expected shipments and the loss of subscribers.

“Not a very auspicious start for the renamed company with the brand new smartphone,” he said.

http://www.thejakartaglobe.com/tech/blackberry-shows-signs-of-life-in-transition-quarter/