Friday , April 19 2019

Brightstar: Indian Market can Achieve a 60% Growth in 2017

Brightstar, is now a part of Indian market have revealed that it has witnessed Indian Market soaring high since its inception and it could possibly gain 60% growth in 2017.


Brightstar, which took possession of majority of stake in Beetel Teletech in 2014,  revealed that India’s Business potential to raise by 60 per cent growth in 2017 driven by new services like device finance and expansion of existing network solutions operations

Softbank-promoted Brightstar had entered the Indian market after acquiring stakes of Beetel Teletech which from then manages devices and accessories across the wireless ecosystem. It serves more than 50,000 carriers and retail and enterprise customers from 100 countries.

According to its statement, Brightstar believes that Indian market presents wide growth opportunities in terms of technology distribution and associated services in the handset, IT and networking space. The company operating for two years in the Indian market has seen 300 per cent growth since 2014.

In its two years of operations in the Indian market, Brightstar has witnessed Indian market soaring at 300 per cent growth since 2014, it added. Which can further, exponentially rise to grow at more than 60 per cent for 2017.

The company assures to devote its attention on the core distribution business and in introducing new offerings like device financing, gadget insurance and buyback in the coming months.

“2017 is an inflexion point for the Indian telecom and IT industries. To capitalise on this change, Brightstar has made a shift from ‘selling products’ to ‘providing solutions’ for its end customers across retail, online, enterprise and networking,” Brightstar India CEO Deval Parikh said.

The business also focusses on cloud and access network solutions for the SMB customers. Furthermore, it has plans to enter surveillance market also.

“With global expertise of handling emerging markets, Brightstar looks to provide customer focused solutions simplifying the business needs,” it added.

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