Telefónica gets €200m from EDC for spending spree to help prop up BlackBerry

(ZDNET, 8 April 2013) Canada's export credit agency is lending European mobile giant Telefonica hundreds of millions of euros to spend on BlackBerry devices and services. The working capital facility from Export Development Canada (EDC) is meant to help the Canadian handset maker grow its market share within Telefónica, which operates in 24 countries.