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Actionable news in BBRY: BlackBerry Limited,

BlackBerry Limited (NASDAQ:BBRY) Taps Nayak as Director for Indian Market: Vonage Holdings Corporation (NYSE:VG), 8×8 Inc. (NASDAQ:EGHT)

BlackBerry Limited (NASDAQ:BBRY) [Detail Analytic Report] announced that it has appointed Narendra Nayak, as a new Managing Director for India. Nayak have more than 30 years of experience in the telecom and information technology industry, spanning business and consumer technologies. At BlackBerry India, Nayak has his work cut out for him BlackBerry’s smartphones have arguably below 1% of market share in India and the brand has taken a massive beating, largely thanks to lack of marketing and more importantly, suicidal pricing strategies. There’s not much to look onward to on the smartphone front in the immediate future BlackBerry’s Priv slider that is powered by Android and is an admission of BlackBerry 10’s market failure is making some waves in the West, thanks to the interest in a top-notch device that sports BlackBerry’s legendary keyboard and brings the firm’s rock-solid reputation for security and could be the most secure Android smartphone today, but with pricing reported on par with iPhones, the Priv would be dead on arrival in price-sensitive India where over 50% of smartphones fall in the below $100 category. Till John Chen, CEO of BlackBerry decides whether Priv will be the last BlackBerry smartphone and whether cheaper Android-powered, secure BlackBerry...


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