Brightstar Buys Phone Recycler
Brightstar Corporation today announced that it has acquired Mobile Phone Xchange, a company that offers mobile phone buy-back and trade-in services. Brightstar works behind the scenes to acquire, provision, and distribute cell phones to retailers and corporations around the world. Mobile Phone Xchange, which is based in Europe, will help Brightstar offer support for the entire life cycle of mobile devices by increasing its ability to handle end-of-life services. Terms of the deal were not revealed.
T-Mobile to Sell HTC U11 Life Mid-Ranger for $349
HTC today announced the U11 Life, a mid-range handset that resembles the company’s U11 flagship though it tones down specs to reach a reasonable price point. The U11 Life is almost identical to the U11 at a glance, but it trades the U11’s high-quality glass for plastic.
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.
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.
Samsung to Buy Cloud Company Joyent
Samsung today said it has agreed to acquire Joyent, a U.S.-based cloud services provider. Samsung will use Joyent's assets to support various products, including mobile devices, internet of things, and its own cloud-based software.
Remind me again how this isn't a scam?