Canada industry minister unsure what will happen to BlackBerry

by Reuters    Mar 19, 2013

Blackberry

Canada’s industry minister on Monday said he hoped BlackBerry would remain a national champion but added he did not know what would happen to the mobile device maker, given the “very aggressive” telecommunications sector.”We never know what can happen but I’ve said - and I truly believe this - I hope BlackBerry will continue to be a Canadian champion in the world, that it grows organically,” Christian Paradis told Reuters in an interview in his office.He continued: “This is my opinion here but that being said, we don’t know what might happen. The market is very aggressive. When you talk about the telecoms sector … this is a very very aggressive sector.”The head of China’s Lenovo Group told a French newspaper last week that the firm might consider an acquisition of BlackBerry at some point in the future.Paradis said that if Lenovo did make a bid, the Canadian government could examine it using national security guidelines designed to block foreign governments from gaining control over crucial parts of the economy.”As the Industry Minister I don’t want to send a signal and I don’t want it to look like I prejudged a deal or not,” he added.Industry analysts, noting the domestic furor caused when Chinese state-owned CNOOC last year made a bid for Canadian energy firm Nexen Inc, say it is highly unlikely Ottawa would allow BlackBerry to be sold to a Chinese firm.