Telecom announces supplier partnership with Brightstar Corp

In the lead up to the launch of its new mobile network in November Telecom
New Zealand announced today an agreement with Brightstar Corp. to deliver
Telecom’s mobile devices, supply chain services and improved business
intelligence.

Brightstar Corp., headquartered in Miami, is one of the largest wireless
device distribution, logistics and supply chain solutions companies
globally.

In addition to preparing for the launch of its new mobile network later
this year, this agreement reflects Telecom’s desire to enhance its supply
chain to maximise choice, access and speed in bringing new products to
customers.

Brightstar’s global experience and scale put them in the best position to
help us meet this need said Telecom GM of Mobile, Martin Butler.

“Given the number of new technology projects on the go at Telecom we have
been looking at the best ways we can source and deliver wireless devices
such as mobiles for our customers. With this in mind we have aimed to
achieve a first class solution for our business and our customers,” said
Mr Butler.

Brightstar will now be Telecom’s partner of choice for supply chain
services. The new relationship will be phased in over the next six months
and is expected to be up and running prior to the new network launch in
November.

Marcelo Claure, Brightstar Chairman, CEO and President said innovation and
competitive intensity in the mobile phone industry continued to accelerate
at levels unheard of in most industries.

“The speed of the industry requires innovative solutions with world class
results. We are committed to dramatically improving the mobile device
supply chain for Telecom via the implementation of our supply chain
solutions,” said R. Marcelo Claure, president, CEO & Chairman of
Brightstar. “We look forward to helping them reduce costs, improve
business intelligence and ultimately, ensure they continue to deliver
exceptional service to their customers.”

Initially the five year agreement will involve supply of mobile phones as
well as services like warehouse operations, product lifecycle management,
detailed reporting and stock management.

About Brightstar
Brightstar Corp. is a global leader in customized distribution and supply
chain solutions for the wireless industry. With global headquarters in
Miami, FL, Brightstar operates sales, distribution and manufacturing
facilities in 50 countries on six continents. Recently, Brightstar was
named a Global Growth Company by the World Economic Forum, an exclusive
list of 142 companies recognized for being visionary and fast growing
businesses that have exceptional executive leadership and redefining their
respective industries. The company provides solutions to more than
30,000, network operators, MVNOs, retailers, resellers, and independent
agents around the world, and also represents the world's leading wireless
manufacturers. The company exceeded $4.8 billion in gross revenues in
2007. For more information, visit www.brightstarcorp.com.