Brightstar Acquires and Rebrands LetsTalk.com
Brightstar Corporation today announced that it has acquired LetsTalk.com for an undisclosed sum. Brightstar provisions and sells cell phones and LetsTalk.com provides activation services to U.S. carriers. Brightstar is rebranding LetsTalk as Consensus, which will remain headquartered in San Francisco. The acquisition expands the breadth of Brightstar's product and service offerings, which it believes will lead to more profitability for its carrier customers and a better phone-purchasing experience for consumers.
Sprint Hangs Up on Dan Hesse, Names New CEO
Sprint today announced it has named Marcelo Claure as President and CEO of the company, who replaces Dan Hesse. Claure already served on Sprint's board of directors, and is the Founder and CEO of Brightstar Corp.
Apple Offering Credit for Some Android, Windows Phones
Apple has expanded the scope of its Reuse and Recycling Program to include smartphones, tablets, and PCs not made by Apple. Customers can take their old smartphones directly to Apple Stores and receive credit towards new Apple gear for turning them in.
Sprint Separates Device Leasing Business to Manage Cash
Sprint today sold part of its device financing business to a newly formed entity called Mobile Leasing Solutions for $1.2 billion. The new company is being backed by a group of equity investors, including Sprint's parent company, SoftBank.
Yahoo to Buy Flurry
Yahoo today announced that is has agreed to purchase Flurry for an undisclosed sum. Flurry offers mobile app developers a variety of tools to improve and monetize their applications.