Brightpoint and Nextel Sign Accessories Agreement
INDIANAPOLIS--(BUSINESS WIRE)--Sept. 23, 1999--Brightpoint, Inc. (NASDAQ:CELL - news) announced today that its Brazilian subsidiary, Brightpoint do Brasil Ltda., has entered into an agreement with Nextel Telecomunicaoes Ltda., an affiliate of Nextel Communications, Inc. (NASDAQ:NXTL - news). Under the agreement, Brightpoint will assist Nextel in managing its accessories program for the Direct and Indirect Channels. Brightpoint will provide services such as product packaging, sales and marketing activities focused on Nextel accessories, beginning in Sao Paulo metro area, and in the future, in the Rio de Janiero metro area.
Nextel Communications, based in Reston, Virginia, is the leading provider of fully integrated wireless communications services and has built the largest guaranteed all-digital wireless network covering thousands of communities across the United States. The Nextel National Network currently serves approximately 3.6 million business subscribers offering a communications tool with digital cellular service including an innovative speakerphone feature, text and numeric messaging services and Nextel Direct Connect(SM) an instant digital two-way radio feature. Nextel and Nextel Partners, Inc., currently serve 92 of the top 100 U.S. markets. Nextel International has wireless operations and investments in Canada, Mexico, Argentina, the Philippines, Peru, Japan and Shanghai, China. Please visit the Nextel website at nextel.com.
Brightpoint, Inc. is a leading provider of innovative services to network operators and equipment manufacturers in the global wireless telecommunications industry. Brightpoint strives to enhance the success of its customers through the specialized and focused provision of efficient and effective solutions for their mission critical business requirements. The Company's innovative services include inventory management, prepaid solutions, custom packaging and other outsourced services. Additional information about the Company can be found on its website at www.brightpoint.com or by calling its toll-free Investor Relations Information line at 877-IIR-CELL (877-447-2355).
''Forward-looking statements'' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. A variety of factors could cause the Company's actual results to differ from the reported results expressed in such forward-looking statements. Investors are referred to the Company's Cautionary Statements (Exhibit 99 to the Company's most recent Form 10-Q), which statements are incorporated into this news release by reference.
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Contact:
Brightpoint, Inc., Indianapolis, Indiana
Phillip A. Bounsall, 317/297-6100 |
