INDIANAPOLIS—Brightpoint Inc. says it has agreed to form a joint venture with Chinese distributor Chinatron Group Holdings Limited and the deal is expected to close in about two months.Eric Leung, managing director of Brightpoint China, will become the chief executive officer of the joint...
INDIANAPOLIS—Brightpoint North America L.P., subsidiary of Brightpoint Inc., has agreed to market, sell and support Interactive Intelligence Inc.'s new wireless application gateway product, Mobilite and a combined offering of Mobilite and Brightpoint's bundled wireless data products and services."We created our WVAR channel program so...
INDIANAPOLIS—Brightpoint Inc. announced its Brightpoint North America L.P. subsidiary has entered an agreement with Pumatech Inc. to market, sell and support Pumatech products in the U.S.Pumatech develops enterprise-level software products and services, like Intellisync and Intellisync Anywhere software, that deliver relevant information wirelessly.
INDIANAPOLIS—TeleCorp Communications Inc. signed a deal with Brightpoint North America L.P. to provide integrated logistics services, including packaging and inventory maintenance, management and distribution to TeleCorp's agents, dealers, retail stores and subscribers.Financial details of the deal were not released.
Standard and Poor's has downgraded U.K. telecom equipment maker Marconi to "BBB-" from "BBB+", just on the edge of junk bond status. The credit ratings agency said it could downgrade the company further if sales and profitability did not improve.Rental car company Hertz Corp....
MIAMI-Brightstar Corp. said its recently released second- quarter revenues show it has captured the market share lead in Latin American wireless outsourcing.Brightstar's consolidated revenues came to $102.6 million and its income was $2.8 million for the quarter, which the company said makes it...
NEW YORK -British Telecommunications plc will undertake "a massive, massive restructuring, and I don't want to underestimate what we plan to do this year," Sir Peter Bonfield, chief executive officer, told securities analysts at a recent meeting here.Under the umbrella of a new group...
In an agreement announced today, outsourced service provider Brightpoint Inc. will provide handset procurement, online order processing, inventory management, handset programming and distribution of wireless handsets for buy.com's Wireless Store. buy.com is an Internet store with close to 3 million customers and offers a...
MIAMI-Brightstar Mexico, a subsidiary of Brightstar Corp., was selected as the fulfillment partner for Telular Corp.'s Wireless Local Loop digital initiative supporting Mexican wireless operator Telcel."We are pleased that Telular and Telcel have trusted us with the fulfillment program," said Marcelo Claure, chief executive...
OpenGridWireless Internet solutions provider OpenGrid Inc. appointed Gary Rhea to the position of chief financial officer. Rhea will oversee the company's financial activities, including treasury, accounting, business planning and investor relations. Rhea was CFO for Versant Corp., a provider of enterprise-level database management systems...
Reuters Group plc and Aether Systems Inc. launched their Sila Communications European wireless data joint venture, created to host, design and manage content and services for wireless customers. Headquartered in London, Sila will initially focus on financial services, providing Reuters content, Internet-based information and...
With the Nov. 1 commercial activation of Iridium L.L.C.'s satellite-based global mobile phone network, the mobile satellite services industry proved it is technologically possible to extend cellular communications to virtually any point on the planet.With this validation behind it, the industry faces another, equally...
INDIANAPOLIS-In its third quarter report, Brightpoint Inc. of Indianapolis reported net income of $9.42 million, or 18 cents per share, up from $5.93 million, or 12 cents per share, the same period a year ago.Net sales totaled $445.77 million for the latest third quarter,...
CHS Electronics Inc., an international distributor of microcomputer products, announced an agreement to purchase BrightStar Corp., a start-up wholesale distributor of cellular phones and accessories, the companies said.CHS will use cash and shares of stock to pay for the acquisition, but other terms of...
INDIANAPOLIS-KG Telecommunications Co. Ltd., a wireless network operator in Taiwan, selected Brightpoint Inc. to provide inventory management and fulfillment services for handsets, accessories and prepaid cards to be retailed through cellular dealers and 7-Eleven convenience stores, said Brightpoint.
Handset and accessory distributor Brightpoint Inc. said it plans to increase its presence in the outsourcing business by providing handset repair and refurbishment services."This is a value-added service people have historically tried to avoid," said John Sullivan, executive vice president with Brightpoint. "At times...
NEW YORK-While Asian troubles may obscure the big picture for awhile, international growth and the integration of wireless and wireline telephony will mean plenty of opportunities for wireless manufacturers, according to one analyst who tracks those stocks."Mobile is great, but it's getting hard to...
INDIANAPOLIS-Isla Communications Co. Inc., a network carrier in the Philippines, has selected Brightpoint Inc. to install and manage its prepaid cellular service.Brightpoint said it also will provide phone kits, airtime cards, product testing, customized packaging, fulfillment, retail development, distribution, merchandising and end-user customer service...
Rank Company Name 1996 Revenues (000)1 Matsushita Electric Inds. Co. Ltd. $63,192,0002 NEC Corp. $41,174,0003 Motorola Inc. $27,973,0004 Lucent Technologies Inc. $23,286,0005 Ericsson...
Rank Company Name 1996 Net Income (000)1 Motorola Inc. $1,154,0002 Lucent Technologies Inc. $1,054,0003 Ericsson (L.M.) Telephone $1,034,1524 NEC Corp. $718,0005 Nokia...
Editor's note: On the previous page are five charts ranking major telecommunications vendors according to revenues, net income, percentage change in revenues from 1995 to 1996, percentage change in income from 1995 to 1996 and two-year total return on investment.Nordby International Inc. of Boulder, Colo.,...
RANK/COMPANY NAME TOTAL RETURN1 Brightpoint Inc. 259.88%2 Tellabs Inc. 169.96%3 Specialty Teleconstructors 150.00%4 ADC Telecommunications Inc. 149.00%5 WinStar Communications, Inc. 132.53%6 ...
