Brightstar has completed the acquisition of UK hardware distributor. Mobile for an undisclosed fee, rebranding as Brightstar.
The acquisition sees the number of countries Brightstar operates in increase from around 38. By following the JV sale – to more than 50. It serves more than 200 operators and 50,000 retailers, and has a local presence in more than 50 countries, including the UK and Spain.
20:20’s European markets include Finland, Germany, Hungary, Italy, the Netherlands, Norway, Spain, Sweden, Poland, Portugal as well as the UK. Mobile currently serves over 3,500 customers with annual turnover of nearly 1 billion pound.
Brightstar president and CEO Marcelo Claure said, with the strategic acquisition of 20:20Mobile, Brightstar has a strong position in the European market, one of the most exciting and progressive markets in the world. Bringing the team of20:20 Mobile into the Brightstar family will allow us to deliver some of the top innovations and services developed for mobility to the operators, retailers and manufacturers that are leading the wireless industry in Europe.
