Vodafone to get C$850 million Canada finance, mainly for BlackBerry

16/12/2014 - 7:29

OTTAWA (Reuters) - British mobile phone operator Vodafone Group PLC will get C$850 million ($726 million) in Canadian trade financing to help it buy enterprise services from BlackBerry Ltd , Ottawa said on Tuesday.

Export Development Canada (EDC) said that C$750 million would go to BlackBerry, while the remaining C$100 million was for future procurement from Canadian suppliers.

"VODAFONE (VOD.LO)s global presence makes it a company that Canada's telecom sector has to have a relationship with," EDC Senior Vice-President Carl Burlock said in a statement.

(Reporting by David Ljunggren; Editing by Peter Galloway)