Canada loans Vodafone $850 million to boost BlackBerry sales

Canada is backing the continued growth and existence of BlackBerry with a large 5-year $850 million loan to British communications giant Vodafone Group. Under the terms of the agreement, Vodafone will use $750 million to purchase equipment and services produced by BlackBerry and the other $100 million with smaller Canadian companies. The Globe and Mail report that this is second such deal in two years between Canada and Vodafone to ensure the latter continues to purchase and promote...

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