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Brightpoint Wins WiMAX Contract

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By: Zacks Equity Research
November 24, 2009 |Comments: 0
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CELL | TWC

Brightpoint Inc. (CELL) received a shot on its arm as the company received a major contract to provide an integrated supply chain management system for the next-generation (4G) WiMAX network. Yesterday, the company announced that it has entered into an agreement with Time Warner Cable Inc. (TWC) to provide transportation management, inventory management, device customization, fulfillment, and reverse logistics for the latter’s upcoming WiMAX venture.
 
Time Warner Cable, the second largest cable MSO in the U.S., will launch its 4G WiMAX mobile broadband services in three North Carolina markets from Dec 1. Under the brand name of “Road Runner Mobile”, this super-fast mobile broadband network will support Internet speed of 6 Mbps. The “Road Runner Mobile” service will provide its subscribers the convenience of mobility so that the customers can enjoy the WiMAX services on their devices anywhere they go within their service circle.
 
Brightpoint will provide a streamlined supply chain solution to Time Warner Cable to support the launch of Road Runner Mobile including wireless data card, accessory and collateral fulfillment and returns, triage and repairs. Brightpoint has enhanced its portfolio of product offerings with a full range of sales & distribution, logistics, and activation services. The company has a solid global customer base. Management continues to seek new operational initiatives that foster improved customer handling of handsets, in particular PDA’s, data and 3G/4G wireless devices.

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