New York, June 18, 2013 -- Moody's Investors Service, ("Moody's") changed the rating outlook on Brightstar Corp.'s debt to negative from stable. Moody's affirmed the debt ratings, including the Ba3 corporate family rating. The change in the outlook was prompted, in part, by Moody's views that leverage and free cash flow profile will likely be strained through 2014 as Brightstar invests greater financial resources to continue expanding its capabilities beyond its core global mobile distribution business.

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