BlackBerry Ends T-Mobile U.S. Licensing Agreement
April 01 2014 - 9:28PM
Marketwired
BlackBerry Ends T-Mobile U.S. Licensing Agreement
WATERLOO, ONTARIO--(Marketwired - Apr 1, 2014) - BlackBerry®
Limited (NASDAQ:BBRY)(TSX:BB), a world leader in mobile
communications, today announced that it will not renew the T-Mobile
U.S., Inc. license to sell BlackBerry products when it expires on
April 25, 2014.
BlackBerry customers on the T-Mobile network should not see any
difference in their service or support. BlackBerry will work
closely with T-Mobile to provide the best possible customer service
to any customer remaining on the T-Mobile U.S. network or to any
customer purchasing devices from T-Mobile's existing inventory.
BlackBerry is also working closely with other carrier partners
to provide consumers and business users with alternatives should
they decide to transition to another carrier and remain with
BlackBerry for their long-term device and service needs. For
additional details, offers and assistance, business customers and
consumers can go to http://us.blackberry.com/smartphones.html.
"BlackBerry has had a positive relationship with T-Mobile for
many years. Regretfully, at this time, our strategies are not
complementary and we must act in the best interest of our
BlackBerry customers. We hope to work with T-Mobile again in the
future when our business strategies are aligned," said BlackBerry
CEO and Executive Chair, John Chen. "We are deeply grateful to our
loyal BlackBerry customers and will do everything in our power to
provide continued support with your existing carrier or ensure a
smooth transition to our other carrier partners.
About BlackBerry
A global leader in mobile communications, BlackBerry®
revolutionized the mobile industry when it was introduced in 1999.
Today, BlackBerry aims to inspire the success of our millions of
customers around the world by continuously pushing the boundaries
of mobile experiences. Founded in 1984 and based in Waterloo,
Ontario, BlackBerry operates offices in North America, Europe, Asia
Pacific and Latin America. The company trades under the ticker
symbols "BB" on the Toronto Stock Exchange and "BBRY" on the
NASDAQ. For more information, visit www.BlackBerry.com.
Forward-looking statements in this news release are made
pursuant to the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995 and applicable Canadian
securities laws. When used herein, words such as "expect",
"anticipate", "estimate", "may", "will", "should", "intend",
"believe", and similar expressions, are intended to identify
forward-looking statements. Forward-looking statements are based on
estimates and assumptions made by BlackBerry Limited in light of
its experience and its perception of historical trends, current
conditions and expected future developments, as well as other
factors that BlackBerry believes are appropriate in the
circumstances. Many factors could cause BlackBerry's actual
results, performance or achievements to differ materially from
those expressed or implied by the forward-looking statements,
including those described in the "Risk Factors" section of
BlackBerry's Annual Information Form, which is included in its
Annual Report on Form 40-F (copies of which filings may be obtained
at www.sedar.com or www.sec.gov). These factors should be
considered carefully, and readers should not place undue reliance
on BlackBerry's forward-looking statements. BlackBerry has no
intention and undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
BlackBerry and related trademarks, names and logos are the
property of BlackBerry Limited and are registered and/or used in
the U.S. and countries around the world. All other marks are the
property of their respective owners. BlackBerry is not responsible
for any third-party products or services.
Media Relations Contact:BlackBerry Media Relations(519) 888-7465
x77273mediarelations@BlackBerry.com
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