Telephony specialist 20:20 Mobile's long awaited sale to US distribution giant Brightstar Corporation is seemingly close to completion. The deal has been sealed between private equity investor Doughty Hanson which owns 20:20 Mobile and Brightstar Corp, although it is unclear when it will be formally announced. Once signed, the takeover will see Brightstar Corporation poised to extend its reach into Europe via 20:20 Mobile's network in Finland, Germany, Hungary, Latvia, the Netherlands, Norway, Poland, Portugal, Spain, Sweden and the United Kingdom. The company has been looking for a foothold in Europe since it sold its share of Brightstar Europe last year. It is unclear at this stage if there will be any senior management changes at 20:20 Mobile as part of the sale (source : Mobile Today United Kingdom).