BlackBerry Ltd (NASDAQ:BBRY) not a dud, gets DoD nod
Blackberry has been in dire straits lately though it has been trying very hard to pull itself out of them, on every front. Last week, the company finally had a ray of sunlight shining upon it. BBRY announced that its Enterprise Service 10 has received the nod from the Defense Information System Agency to operate of the U.S Department of Defense (DoD) network.
The Enterprise route
The company said that its Enterprise service is the only mobile-device management system to be approved for use on the pentagon network. Blackberry has been facing some stiff rivalry in the MDM space from companies like MobileIron. This news is especially heartening for the company as its Q10 and Z10 launches did not make the expected impact in the market.
The defense department approval means that a larger number of Blackberry Z10 and Q10 devices will now operate on those networks. By this fall, 10,000 BBRY 10 smartphones will be operational on the network and the end of 2013 will see 30,000 devices there.
The secure network
This development is a significant step forward as this approval validates the fact that the Blackberry network is secure enough for the defense department to use. DoD personnel will be able to connect securely to networks and also access work assets in a secure environment. Apart from being a secure platform, the BBRY mobile infrastructure is intuitive, intelligent and highly-responsive. It ensures that corporate and personal information in the user’s device and maintained in a safe and separate manner.
When will comeback time be?
There has also been some news that Blackberry is open to a leveraged buyout. Though the company’s shares have definitely taken a beating over the past few weeks this by no means that the company will be placing itself on the bidding block in a hurry. Its smartphone sales have been dipping but the company continues to hold its own. It has a sizeable cash stash and with a little bit of luck and investor support might just be able to make a complete comeback.