BRIGHTSTAR CORP. NAMED 108th LARGEST PRIVATE COMPANY IN AMERICA BY FORBES MAGAZINE
December 8, 2008 Miami – Brightstar Corp., a global leader in customized distribution and supply chain solutions for the wireless industry, has once again been named to Forbes Magazine’s annual ranking of America’s largest private companies. The company was recognized as #108th largest private company in the U.S.
The list includes 441 companies, representing businesses in the retail, technology, publishing and construction industries, among others, and ranks companies headquartered in the United States with annual revenues of at least $1 billion.
This is the fifth time Brightstar has made Forbes’ annual list of largest companies. The company was initially recognized in 2003.
In its eleventh year of operation, Brightstar now operates sales, distribution and manufacturing facilities in 50 countries on six continents, providing the largest global reach for its customers. Brightstar operates on two distinct business models that have led to its success and international operation. As a global distribution company, Brightstar maintains the most comprehensive product portfolio of wireless devices in the world. Brightstar customizes and ships products on behalf of over 60 manufacturer partners to more than 160,000 points of sale worldwide. And, as an integrated supply chain solutions company, Brightstar works with operators and retailers around the world who outsource management of their supply chain. Leveraging its industry-leading solutions, Brightstar customers can improve their bottom line results, increase EBITDA, and convert their supply chains into competitive advantage that ensures they have the right product at the right place, at the right time.
This year’s Forbes list of 441 companies represents the employment of 6.2 million people and the sale of over $1.8 trillion in revenues for goods and services provided. Brightstar is ranked among many well known companies including: Cargill (ranked #1), Enterprise Rent-A-Car (ranked #21), Mary Kay (ranked #182) and Barnes & Noble Books (ranked #254).
ABOUT BRIGHTSTAR
Brightstar Corp. is a global leader in customized distribution and supply chain solutions for the wireless industry. Headquartered in Miami, FL, Brightstar operates sales, distribution and manufacturing facilities in 50 countries on six continents, providing the largest global reach for its customers. Brightstar was named a Global Growth Company by the World Economic Forum, an exclusive list of 142 companies recognized for being visionary and fast growing businesses that have exceptional executive leadership and are redefining their respective industries. The company provides solutions to more than 30,000 network operators, MVNOs, retailers, resellers, and independent agents around the world, and also represents the world’s leading wireless manufacturers. The company exceeded $4.8 billion in gross revenues in 2007. For more information, visit http://www.brightstarcorp.com.
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For more information, contact:
Michele M. Merrell
Brightstar Corp.
.(JavaScript must be enabled to view this email address)
305.921.1484