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Canaccord's Mike Walkley sees the unraveling of AT&T's bid to acquire T-Mobile as a positive...

Canaccord's Mike Walkley sees the unraveling of AT&T's bid to acquire T-Mobile as a positive for phone logistics provider Brightpoint (CELL +3.6%), given T-Mobile is a major Brightpoint customer, and its continued existence as an independent carrier translates into better 2012 visibility. Moreover, Walkley expects growing global smartphone sales to give a lift to Brightpoint's distribution business. (more on AT&T)
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