Reuters: Technology News: Ottawa watching BlackBerry carefully, wishes firm well

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Ottawa watching BlackBerry carefully, wishes firm well Aug 21st 2013, 19:50 Tweet Share this Email Print Related News PRESS DIGEST-Canada-Aug 21 5:52am EDT Asia Private Equity Weekly News, August 19, 2013 Sun, Aug 18 2013 Lenovo Q1 profit jumps as smartphone push pays off Wed, Aug 14 2013 Birch Hill lobbies Canada on investment in wireless carriers Wed, Aug 14 2013 BlackBerry shareholder Watsa, an investor with a long view Mon, Aug 12 2013 Analysis & Opinion BlackBerry’s Blues Plummeting BlackBerry would stain any buyout Blackberry Z10 devices are displayed at a Rogers store in Toronto February 5, 2013. Credit: Reuters/Mark Blinch By Randall Palmer OTTAWA | Wed Aug 21, 2013 3:50pm EDT OTTAWA (Reuters) - The Canadian government is watching smartphone maker BlackBerry Ltd carefully as it explores options including sale of the company but will not comment on its affairs, Industry Minister James Moore said on Wednesday. Loss-making BlackBerry, which has bled market share to Apple's iPhone and phones using Google's Android operating system, said last week it was weighing options that could include an outright sale. The company's new phones, introduced earlier this year, have sold less quickly than expected and BlackBerry expects more red ink for the current quarter at least. Speaking in an interview with Reuters, Moore said it was "unfortunate" that BlackBerry's new Q10 and the Z10 smartphones had not taken off with consumers. "I know that they're facing their challenges and they're adjusting their firm internally in the way that best suits their interests," he said. "And all I can say is, we wish them well, and we're keeping a close eye on the situation." Moore declined to speculate about whether a foreign bid for BlackBerry could run afoul of national security regulations. Asked if the government wanted BlackBerry to stay Canadian, he replied: "We want them to do well, keep employing Canadians, keeping putting out innovative technologies and platforms, and we're paying close attention." BlackBerry, formerly known as Research In Motion, made on-your-hip email possible with its first pagers and smartphones, coupled with strong security features. But the company was slow to embrace the important consumer market and rivals are rapidly pushing into the corporate and government market that BlackBerry used to own. (Writing by Janet Guttsman; Editing by Cynthia Osterman) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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