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Brightstar and Bharti Group Partner to Market Mobile Technologies and Services [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Brightstar and Bharti Enterprises have entered into a definitive agreement to bring the latest mobile technologies and services to the Indian market. According to a media release, as part of the agreement, a Brightstar subsidiary will acquire a majority interest in Beetel Teletech, a company in the distribution and sale of communication and media devices, enterprise solutions and IT products in India. "The Indian mobile market is entering the next phase of growth, which will be driven by data services on 3G and 4G technologies. The smartphone market in the country recorded triple-digit growth in 2013 and offers a huge opportunity going forward," said Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises. "The new mobile businesses and related technologies that Brightstar is bringing to Beetel will help drive significant growth by leveraging our deep distribution strength." "India represents a tremendous growth opportunity for both devices and attached services as consumers continue to upgrade from feature to smartphones in record numbers," said Marcelo Claure, founder and CEO of Brightstar "Beetel is a recognized leader in technology distribution in India, and we look forward to enhancing the company's strong position." More information and complete details: Brightstar.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |