For a while out there, it seemed like the Blackberry’s market value was going to be eclipsed by the ’90s-era R&B outfit Backstreet. But on last Tuesday, the Canadian company was luckily extended a lifeline from the U.S. taxpayers.
The U.S Department of Defense is going to roll out their fancy new wireless network, and the primary device they wants to use on it are the BlackBerry handsets.
The thing is, the Pentagon is saying that more than 80,000 BlackBerry devices will be supported on the new network from them, cementing the company’s dominance among the defense workers. As a point of the comparison, only around 1,800 iOS and some Android devices are to be initially supported on the new defense network.
The Pentagon has plans to purchase upwards of around 80,000 BlackBerry devices, helping send the Canadian company’s stock sky high—it is pretty much close to $11 a share right now, up from the $5.75 about just six weeks ago.
The Defense Department is not enhancing their support for the BlackBerry Inc. just to be contrarian; it concerns about the data security remain at least as high as it was ever, and the BlackBerry is further along than such competitors as the Samsung and their home product Apple when it comes to matching the requirements set by the Pentagon itself.