Printer Friendly

Brightstar Acquires Next Wireless to Elevate Consumer Confidence in Online Used Smartphone Shopping.

MANews-(C)2009-2018

21 June 2018 - Miami, US-based mobile phone distributor Brightstar Corp. has acquired Miami, US-based Next Wireless Group, a technology company focussed on online sales of devices to consumers, the company said.

Terms of the transaction were not disclosed.

Next Wireless will now lead the B2C ecommerce channel for Brightstar's global sales of used wireless devices and services, utilising online marketplaces and the Next Wireless sales platform.

Next Wireless currently sells devices in online marketplaces in several countries and is a market leading seller of used devices online in France.

Brightstar will combine its expertise and scale in device collection, reconditioning and grading with Next Wireless' online sales and marketing know-how to grow international sales while developing an offering that consumers can trust.

Brightstar simplifies the wireless world, making mobile technology accessible to everyone. A subsidiary of SoftBank Group Corp., we are the world's leading mobile services company for managing devices and accessories.

Country: USA

Sector: Telecommunications

Target: Next Wireless Group

Buyer: Brightstar Corp

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

COPYRIGHT 2018 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M & A Navigator
Date:Jun 21, 2018
Words:187
Previous Article:Cheniere Energy, Inc., Cheniere Energy Partners to Merge.
Next Article:Deal snapshot: VICI PROPERTIES TO ACQUIRE MARGARITAVILLE RESORT AND CASINO REAL ESTATE ASSETS FOR USD 261M.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters