Type Private Number of employees 9,000 Parent organization SoftBank Group | Website www.brightstar.com Founded 1997 | |
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Industry Wireless Telecommunications Key people Jaymin B. Patel, President and CEO Products Device and Accessories Distribution, Logistics, Supply Chain, Device Buyback and Trade-in, Handset Protection and Insurance, Multi-channel Retail and Mobile Financing Services, and Mobile Digital Solutions Revenue More than US$10 billion in net revenue in 2014 CEO Jaymin B. Patel (30 Mar 2015–) Headquarters Miami, Florida, United States Subsidiaries LetsTalk, Brightstar 2020 (EspaÑa) Sa. Profiles | ||
Brightstar corporation
Brightstar Corp., a U.S.-based privately held corporation founded in 1997, distributes mobile phones and other devices, serving more than 200 carriers, 40,000+ retailers, and 15,000+ enterprise customers in more than 100 countries. It provides specialized global wireless distribution and services, serving mobile device manufacturers, wireless operators and retailers. Brightstar offers value-added device and accessories distribution, supply chain, handset protection and insurance, buyback and trade-in and omnichannel retail, and mobile digital products within the wireless telecommunications industry.
Contents
Acquisition history
In July 2014, Brightstar Corp. and Bharti Enterprises announced that they entered into a definitive agreement to bring the latest mobile technologies and services to the Indian market. As part of the agreement, a Brightstar subsidiary acquired a majority interest in Beetel Teletech Limited, a leading company in the distribution and sale of communication and media devices, enterprise and IT products in India.
In February 2014, Brightstar Corp. completed its acquisition of 20:20 Mobile, a leading provider of distribution and integrated supply chain to the European mobile industry. Brightstar acquired facilities in the UK, Spain, Hungary, Portugal, Denmark, Finland, Norway, and Sweden, and provide products and services across 13 European countries.
In October 2013, Japanese SoftBank paid $1.26 billion for a 57% stake in Brightstar. Over the next 5 years, or upon certain events, SoftBank's ownership will accrete to 70%.
Locations
The company's headquarters is located in suburban unincorporated Miami-Dade County, Florida in Miami, Florida.
Brightstar has operations centers and/or sales offices in four geographic regions: