The mantra of OPM-other people’s money-is alive and well in wireless.The latest private-equity investments, announced last week, include New York-based Lindsay Goldberg’s $283 million stake in Brightstar Corp., which is …
Brightpoint Inc.
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The following lists includes venture capital and other investments into wireless companies announced this week.–Brightstar: Lindsay Goldberg, a New York-based investment partnership, invested $283 million in Brightstar Corp. The equity …
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The mantra of OPM-other people’s money-is alive and well in wireless.The latest private-equity investments, announced yesterday, include New York-based Lindsay Goldberg’s $283 million stake in Brightstar Corp., which is expanding …
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Nokia Corp.’s plans for re-approaching the U.S. market-at least in the enterprise space-will include “complementary” channels the handset vendor will pursue in addition to working with the top domestic carriers, …
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Brightpoint Inc., the mobile handset distributor that’s rapidly becoming “a global powerhouse,” according to one analyst, posted solid sales for the first quarter of the year, but earnings and gross …
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Big-box retail: an evolving distribution channel : Focus is narrowing, alliances are critical element
by jscarboby jscarboBig-box retail is second only to the network operators’ own branded retail stores as the channel of choice among American consumers. Big-box retailers as a distribution channel are rapidly rising …
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Brightpoint Inc. will acquire Danish cellphone distributor Dangaard Telekom in a deal valued at $300 million, making Brightpoint the largest distributor of handsets serving European and U.S. markets. The transaction …
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Handset distributor Brightpoint Inc. reported increases in both revenues and net income for the fourth quarter and full year 2006, news that helped give a slight boost to the company’s …
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Brightpoint picks up CellStar assets: U.S., Latin American operations bought for $88M
by jscarboby jscarboBrightpoint Inc. will shell out $88 million in cash to purchase a major piece of crippled competitor CellStar Corp.The Plainfield, Ind.-based logistics and distribution giant announced plans to buy CellStar’s …
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PLAINFIELD, Ind.-Brightpoint Inc. has agreed to purchase the U.S. and Latin American operations of fellow logistics and distribution company CellStar Corp. “We believe that the proposed transaction will expand our …
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NEW YORK-A new report from consulting firm Katzenback Partners L.L.C. says leading wireless carriers must evolve from network operators to managers of complex and diversified businesses as new technologies and …
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PLAINFIELD, Ind.—Investors applauded Brightpoint Inc., sending the company’s stock up more than 15 percent, after the mobile phone distributor posted third-quarter profits and revenues that reached record levels. Brightpoint’s revenues …
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PLAINFIELD, Ind.—High Tech Computer Corp. has tapped Brightpoint Inc. to serve as the exclusive North American distributor for its Microsoft Corp. Windows Mobile-based GSM devices and accessories. The 9-year-old manufacturer …
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Motorola Inc. reiterated its concern over a proliferation of counterfeit accessories, particularly Bluetooth headsets, purported to be made by Motorola and reaching consumers in the United States. Motorola warned that …
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PLAINFIELD, Ind.—Brightpoint Inc. inked a deal to sell phones and services from Verizon Wireless to small- and medium-sized businesses. The mobile phone distributor said it will use its network of …
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PLAINFIELD, Ind.—Wireless device distributor Brightpoint Inc. announced that its subsidiary, Wireless Fulfillment Services LLC, has agreed to buy all of Texas-based Trio Industries Inc.’s outstanding shares. Trio distributes data products …
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PLAINFIELD, Ind.-Brightpoint Inc. handled roughly 42 million mobile phones last year and may handle 60 million or more this year. But whatever you do, don’t call the company a distributor. …
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MIAMI-Mobile-phone distributor Brightstar Corp. said it has completed expansion of a $250 million credit facility. PNC Financial Services Group Inc. led syndication of the credit facility; other investors included HSBC, …
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MIAMI—Mobile-phone distributor Brightstar Corp. said it has completed expansion of a $250 million credit facility. PNC Financial Services Group Inc. led syndication of the credit facility; other investors included HSBC, …
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PLAINFIELD, Ind.-Brightpoint Inc. inked a deal to supply wireless devices and accessories to online retailer Newegg Inc. Newegg operates a storefront for manufacturers of consumer electronics, communications equipment and hardware …
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PLAINFIELD, Ind.—Brightpoint Inc. inked a deal to supply wireless devices and accessories to online retailer Newegg Inc. Newegg operates a storefront for manufacturers of consumer electronics, communications equipment and hardware …
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SANTA MONICA, Calif.-Boingo Wireless Inc., a wholesale network aggregator and operator of Wi-Fi networks, raised $65 million in Series C funding from new and existing investors. Boingo said the funds …
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MIAMI—Mobile-phone distributor Brightstar Corp. received a $50 million investment from partner Mitsui & Co. Ltd. Brightstar said it plans to use the cash to expand its new operations in Southeast …
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PLAINFIELD, Ind.-Brightpoint Inc. said it has signed a three-year master services agreement with T-Mobile USA Inc., which calls for its Brightpoint Services L.L.C. business unit to provide all of the …
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PLAINFIELD, Ind.—Brightpoint Inc. said it has signed a three-year master services agreement with T-Mobile USA Inc., which calls for its Brightpoint Services L.L.C. business unit to provide all of the …