Turkey Latest Market for Brightpoint

Plainfield-based Brightpoint Inc. has started operations in Turkey, reports Inside INdiana Business.

It is one of the first foreign distributors to establish a presence in the expanding Turkish wireless market.

Brightpoint Buys Dangaard Telecom

Brightpoint Inc. has completed the purchase of the largest wireless phone distributor in Europe, according to The Indianapolis Business Journal.

The purchase for $385 million in stock is a deal that balloons the Plainfield company's annual revenue from $2.5 billion to $4.6 billion.

The deal for privately held Dangaard Telecom of Padbord, Denmark, creates the world's largest distributor and provider of logistics services to the wireless phone industry.

The merged company has 3,700 employees and 25,000 customers in 25 countries.

Plainfield Connects with Denmark

Plainfield-based Brightpoint Inc. has agreed to purchase Dangaard Telecom of Padbord, Denmark, in a $308 million stock deal, according to the Indianapolis Business Journal.

Dangaard Telecom is the largest wireless phone distributor in Europe, and the deal balloons the cell phone distributor's annual revenue from $2.5 billion to $4.6 billion.