OTTAWA (Reuters) - British mobile phone operator Vodafone Group PLC will get $850 million in Canadian trade financing to help it buy enterprise services from BlackBerry Ltd, Ottawa said on Tuesday.
Export Development Canada (EDC) said that $750 million would go to BlackBerry, while the remaining $100 million was for future procurement from Canadian suppliers.
“Vodafone’s global presence makes it a company that Canada’s telecom sector has to have a relationship with,” EDC Senior Vice-President Carl Burlock said in a statement.
(Corrects figures to U.S. dollars from Canadian dollars)
Reporting by David Ljunggren; Editing by Peter Galloway