Brightpoint and TIM Celular Sul Sign Agreement
INDIANAPOLIS, Oct 7, 1999 (BUSINESS WIRE) -- Brightpoint, Inc.
(NASDAQ:CELL) announced today that its Brazilian subsidiary,
Brightpoint do Brasil Ltda., has entered into an agreement with TIM
Celular Sul ("TCS"). Under the agreement, Brightpoint will provide
services such as channel order taking, handset kitting, programming,
warehousing and freight management, in the states of Paran and Santa
Catarina, for TCS and its subsidiaries CTMR, Telepar and Telesc.
TIM Celular Sul, based in Curitiba, Paran, is the leading provider of
wireless communications services and has built one of the largest
digital wireless networks covering hundreds of cities across the south
of Brazil. The TIM Celular Sul Network currently serves approximately
eight hundred thousands subscribers. TIM (Telecom Italia Mobile), the
cellular operator of the Telecom Italia Group is currently present in
14 countries, being the biggest cellular operator of Europe and the
second largest in the world. TIM International has wireless operations
and investments in Brazil, Bolivia, Paraguay, Argentina, Chile, Italy,
France, Spain, Ukraine, Greece, Czech Republic, Serbian Republic,
Austria, India and China. Please visit the TIM Celular Sul website at
telecelularsul.com.br.
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.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Brightpoint, Inc., Indianapolis, Indiana
Phillip A. Bounsall, 317/297-6100
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