Blackberry: Business as usual despite selling global operations unit

By IVCPOST Staff Reporter

Aug 29, 2013 05:49 PM EDT

Earlier this month, Blackberry announced a plan to sell its global operations. However, the company assured its Indian users that business will remain as usual despite of the Canadian handset maker's announcement.

Blackberry's Managing Director Sunil Lalvani told ET on Thursday, "I wouldn't deny that (impact of the sellout announcement on operations in India). It did have a little bit effect on sentiments in the market because people started assuming that we are up for sale. I will categorically say that we're not up for sale, but we're up for evaluating strategic alternatives which could include a possible sale," he clarified, adding that the company will continue to roll out products and services aimed at business growth - globally and in India. BlackBerry, hit by stagnant sales and a falling customer base globally as well as in India, is still betting big on the South Asian nation which is a "priority market."

Blackberry had dominated India's smart phone market in the recent years. The company shares fell 3.4% which represented over USD150 a handset.

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