Use classmethod:
class B(object):
    @classmethod
    def other(cls, arg1, arg2):
        print "I am function class B"
class A(object):
    def funct(self, arg1, arg2):
         B.other(arg1, arg2)
A().funct(1,2)
===>I am function class B
Use staticmethod:
class B(object):
    @staticmethod
    def other(arg1, arg2):
        print "I am function class B"
class A(object):
    def funct(self, arg1, arg2):
         B.other(arg1, arg2)
A().funct(1,2)
===>I am function class B
Some references about staticmethod and classmethod.
Instantiate B inside A class
class B(object):
    def other(self, arg1, arg2):
        print "I am function class B"
class A(object):
    def funct(self, arg1, arg2):
         B().other(arg1, arg2)
A().funct(1,2)
===>I am function class B
You could use Python Inheritance. 
    class B(object):
        def other(self, arg=None):
            print "I am function class B"
    class A(B):
        def funct(self, arg1, arg2):
             self.other()
    a_class_object = A()
    a_class_object.other()
===>I am function class B
Also din't forgive to add self argument to class methods.
You can find out more information about Inheritance in off. Python docs