| |said by ISurfTooMuch:Maybe this might give a hint:
A better question is what this outfit plans to do with the company once this deal is done. My guess is that it'll be chopped up and sold to other companies. Of course, I'd prefer to see them try to turn the company around and then have a public stock sale.
A member of Fairfax Bd of Directors:
Does Rogers have some plans for Blackberry?
Alan D. Horn
Alan D. Horn is currently the President and Chief Executive Officer of Rogers Telecommunications Limited and has been Chairman of Rogers Communications Inc. since March 2006. Mr. Horn served as Acting President and Chief Executive Officer of Rogers Communications Inc. during 2008. Mr. Horn was Vice-President, Finance and Chief Financial Officer of Rogers Communications Inc. from 1996 to 2006 and was President and Chief Operating Officer of Rogers Telecommunications Limited from 1990 to 1996.
The Nobama Clock
| Besides Fairfax, looks like other members of the consortium will be pension plans:|
I wonder if the Ontario teachers like this development?
BlackBerry didn't say who, apart from Fairfax, would take part in the consortium, but according to people familiar with the matter, Canadian Pension Plan Investment Board and Ontario Teachers' Pension Plan could take part.
Canadian pension funds will likely be involved in the deal, Fairfax Chairman and Chief Executive Prem Watsa told the Wall Street Journal Monday, without providing specifics.
The Nobama Clock
Re: So who's Blackberry? This is the fundamental problem.
The BlackBerry OS of 2008 is not the BlackBerry OS of 2013.
BlackBerry 10 is actually a very smooth, quick and responsive OS that can compete if given a chance against the big guys and dare I say beat them.
Unfortunately current management has made a complete mess of the BB10 rollout. With the right management in place, BlackBerry can be saved.
Hopefully those written down phones end up in consumers hands and people can see what BB10 is all about. Having used both Android and iOS devices frequently and recently, I still think that BlackBerry Hub has no equal out there, with quick swipe access.
Fairfax needs to slash prices on the Q5 ($0 on contract, $200 or less off contract) and the Z10 (similar pricing to Q5) and get BB10 moving. They're not dead yet, but if Fairfax has no wiggle room left to execute a comeback.
Watsa, a key player in Fairfax, is down hundreds of millions on BB, so he needs to pull them up to get his money back. I'm not sure chopping them up will do it.
A lot of people bash BB without experiencing what they have to offer. BB needs to change this perception to have a chance.