Research In Motion Ltd., the BlackBerry maker, whose stock has dropped 95% since 2008, is under pressure from mobile phone companies to reduce carrier fees that generate US$4.09-billion in annual revenue.

RIM said it faces demands to cut the fees paid by customers such as AT&T Inc. after posting its first loss in a decade last week. The fees account for more than a third of revenue at RIM, which is racing to introduce BlackBerry 10 phones and engineer a turnaround.

Read the whole story at Financial Post