October 25, 2016

Sector Portrait

Telecommunications: Whatever, Wherever - and Fast

Florida's telecommunications providers are scrambling to meet demand.

Marcelo Claure
Marcelo Claure [Photo: STR/AFP/Getty Images]
As the wireless industry explodes, Brightstar has emerged as a major player with a global reach. The company blew past the $3 billion revenue mark in 2010 and in April filed to go public. Led by Chairman and CEO R. Marcelo Claure, Brightstar, founded in 1997, has positioned itself in the center of the wireless industry by providing more than 100 customized services for wireless manufacturers, operators and retailers. It has been one of the largest Hispanic-owned businesses in the United States, with more than 33,000 customers.

By analyzing wireless trends, Brightstar helps industry players understand buying behaviors. It also sells a suite of services to manufacturers to help move their products to worldwide markets faster.

With sales and distribution facilities in 50 countries on six continents, the company is behind the launch of new smart phones worldwide. It also continues to add new lines of business and reached an agreement in April to acquire eSecuritel, a provider of cell phone insurance services.

Tags: Business Services

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