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BRIGHTPOINT BUYS WAVETECH OF U.K.

INDIANAPOLIS-Brightpoint Inc. announced it acquired Wavetech Ltd., a United Kingdom-based company that distributes wireless handsets.

Wavetech, which reported sales of $64 million last year, has distribution agreements with L.M. Ericsson, Nokia Corp., Siemens AG, Panasonic and Sony Corp.

Kevin Brummitt, a former officer, director and owner of Wavetech, was named managing director of Brightpoint U.K. He will be responsible for directing all of Brightpoint’s U.K. business, the company said.

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