GLENTEL Inc. declares $0.125/share dividend

BURNABY, BC, July 2, 2013 /CNW/ - The board of directors of GLENTEL Inc. (TSX: GLN) is pleased to declare an eligible quarterly dividend of $0.125/share, for shareholders of record as of Thursday, July 11, 2013, payable Thursday, July 25, 2013.

About GLENTEL

Celebrating its 50th anniversary in 2013 and based in Burnaby, BC, Canada, GLENTEL (TSX: GLN), is the largest independent multi-carrier mobile phone retailer in Canada and Australia. In the United States, GLENTEL operates two of the six National Premium Retailers for Verizon Wireless. GLENTEL is a leading provider of innovative and reliable wireless communications services and solutions, offering a choice of network carrier and wireless or mobile products to consumers and commercial customers.

GLENTEL's brands - GLENTEL Wireless, WIRELESSWAVE, WAVE SANS FIL, Tbooth wireless, la cabine T sans fil, WIRELESS etc., SANS FIL etc., Mac Station, Diamond Wireless, Wireless Zone, and Allphones - span four countries and three continents. The company employs over 3,800 employees and operates more than 1,210 locations, including more than 390 locations in Canada located in retail malls, Costco Wholesale stores, Target Canada stores, and business centres; more than 620 retail locations in the United States; and more than 200 retail locations in Australia and the Philippines.

Forward-Looking Statements

Statements in this release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third-party manufacturing, managing rapid growth, limited intellectual property protection, and other risks and uncertainties described in Glentel's public filings with securities regulatory authorities. 

NO STOCK EXCHANGE, SECURITIES COMMISSION, OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

SOURCE: Glentel Inc.

For further information:

Investor Relations Contact
Jas Boparai, Chief Financial Officer
GLENTEL Inc.
604.415.6500
investors@glentel.com

Media Contact
Lois Grierson
GLENTEL Inc.
604.415.6534
lgrierson@glentel.com 

For a copy of GLENTEL's annual report or for additional information visit www.glentel.com or www.sedar.com.

Profil de l'entreprise

Glentel Inc.

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