Waterloo roots for BlackBerry amid uncertainty

BlackBerry (NASDAQ:BBRY) is facing uncertain times, with the company conducting a strategic review that could result in the company's sale, among many other options. However, if there is one place in the world that remains decidedly pro-BlackBerry, it's in the Canadian company's home town of Waterloo, Ontario. As the Financial Times reports, many in the Waterloo area are rooting for BlackBerry's turnaround on the back of its BlackBerry 10 platform, and are fiercely proud of the company's heritage. Everyone knows someone who is connected to the company, which employs around 6,000 people in the region. Yet as the future remains uncertain and the company sheds jobs, many are also hopeful that the technology community that has sprung up around BlackBerry can absorb those losses. Article (sub. req.)

Meanwhile, analysts are continuing to debate over the value of BlackBerry, including its patents. According to AllThingsD, financial analysts peg the portfolio's value at between $2 billion and $5 billion. However, Pacific Crest analyst James Faucette thinks that the value of company's patent portfolio has declined over time as it has cross-licensed patents in the normal course of doing business. Further, the portfolio might not be worth as much because many of BlackBerry's patents are standards-essential wireless patents. Article


Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.

Suggested Articles

Dynamic spectrum sharing (DSS) garnered a lot of attention this year, underscoring its complexities and a bit of mystery. 

The analyst group also predicts that annual investments in LTE and 5G NR-based RAN infrastructure for CBRS networks will surpass $1 billion by 2023.

MoffettNathanson also thinks American Tower may not be able to monetize Verizon's C-band deployments as fully as its tower peers.