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SoftBank to spend $1.26 billion for majority Brightstar stake

2013-10-18 22:16:23| Telecom - Topix.net

Japan's SoftBank Corp said on Friday it agreed to pay $1.26 billion for a 57 percent stake in privately held cellphone distributor Brightstar Corp as it looks to boost its bargaining power with handset makers.

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Category:Telecommunications

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