New Delhi: Sunil Mittal led Bharti Enterprises on Tuesday sold majority stake in its telecom manufacturing and distribution arm Beetel Teletech to US-based global distribution firm Brightstar.
Founded in 1985, Beetel is part of the Bharti Group and is a market leader in the manufacturing of fixed line telephones for Airtel, BSNL / MTNL as well as the retail market and exports to more than 30 countries across five continents.
“As the largest specialised wireless distributor in the world and a leader in innovation and diversified services for the wireless industry, Brightstar will bring the latest mobile devices and accessories from top manufacturers for distribution through Beetel’s distribution platform throughout India,” Bharti stated.
At present, besides manufacturing, it distributes products of multinational technology companies such as Samsung, Panasonic, Polycom, Avaya, AMX, Extron, RADWIN, Huawei and SanDisk.
Beetel has more than 500 distributors and partners, 10,000 retailers and 28 warehouses spanning across the country....