CellStar and Motorola Renew Handset Agreement
CellStar and Motorola Renew Handset AgreementSeptember 08, 2004 10:00:00 AM ET
CellStar Remains Primary Distributor for Motorola in the U.S.
CARROLLTON, Texas, Sept. 8 /PRNewswire-FirstCall/ -- CellStar Corporation CLST, a value-added wireless logistics services leader, today announced a renewed agreement under which CellStar is the primary distributor for Motorola, Inc.'s MOT wireless products to certain carriers and dealers throughout the United States. The agreement extends the strategic relationship between Motorola and CellStar that began in 1989, encompassing a wide array of wireless handsets and accessories offered by Motorola's Personal Communications Sector.
"This renewed agreement with Motorola further confirms CellStar's position as the primary distributor of Motorola wireless handsets in the U.S.," said CellStar CEO Robert Kaiser. "We remain a dominant force within the regional carrier channel providing Motorola handset distribution, product training and service support. CellStar is proud to continue our relationship with Motorola retailers and carriers and remains committed to providing them an unparalleled level of support."
John McNulty, general manager and vice president of sales operations for Motorola, PCS, said that CellStar's extensive logistics capabilities have made Motorola handsets and accessories readily available to U.S. consumers.
"CellStar has been a valuable partner to Motorola carriers and retail outlets for many years," McNulty said. "We are pleased to extend our relationship and continue to utilize CellStar's logistics and distribution services to make sure that consumers have extensive access to our products."
About CellStar Corporation
CellStar Corporation is a leading global provider of value-added logistics services to the wireless communications industry, with operations primarily in the Asia-Pacific, North American and Latin American regions. CellStar facilitates the effective and efficient distribution of handsets, related accessories and other wireless products from leading manufacturers to network operators, agents, resellers, dealers and retailers. CellStar also provides activation services in some of its markets that generate new subscribers for wireless carriers. For the year ended November 30, 2003, the Company generated revenues of $1.8 billion. Additional information about CellStar may be found on its Web site at http://www.cellstar.com .
About Motorola, Inc.
Motorola, Inc. is a global leader in wireless, broadband and automotive communications technologies that help make life smarter, safer, simpler, synchronized and fun. Sales in 2003 were US$27.1 billion. Motorola creates innovative technological solutions that benefit people at home, at work and on the move. The company also is a progressive corporate citizen dedicated to operating ethically, protecting the environment and supporting the communities in which it does business. For more information: http://www.motorola.com .
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