BURNABY, BC, April 2 /CNW/ - The board of directors of Glentel Inc. is
pleased to announce an increase in its quarterly dividend, to $.09 per share.
The declared dividend has a record date of April 16, 2009, and is payable on
April 30, 2009.
"Glentel continues to enjoy consistent sales with profitability," said
Thomas Skidmore, Glentel's president and chief executive officer. "The board
of directors is satisfied that the company has sufficient funds on hand for
the capital requirements of its operations while increasing its quarterly
Glentel (TSX: GLN) is a leading provider of innovative and reliable
telecommunications services and solutions in Canada and the United States.
Founded in 1963 and headquartered in Burnaby, BC, Glentel comprises two
operating divisions - Retail and Business - that service thousands of
consumers and commercial telecommunications customers. Together with its
divisions, the company operates more than 265 locations across Canada located
in retail malls, Costco Wholesale stores, and business centers. As the largest
multi-carrier mobile phone retailer in Canada, it offers a choice of network
carrier and wireless device or phone. To its business and government
customers, Glentel offers wireless service, rental equipment, satellite and
terrestrial network systems, tower sites and wireless asset monitoring.
Glentel operates its business under the trading names Glentel Wireless,
WirelessWave, The Telephone Booth (Tbooth and la cabine T) and WIRELESS etc.
NO STOCK EXCHANGE, SECURITIES COMMISSION, OR OTHER REGULATORY AUTHORITY
HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
To secure a copy of Glentel's annual report or additional information,
visit www.glentel.com or www.sedar.com.
For further information:
For further information: Investor Relations Contact: Dale B. Belsher,
Chief Financial Officer, Glentel Inc., (604) 415-6500, firstname.lastname@example.org;
Media Contacts: Kristin Treat, VP, Hoggan & Associates, (604) 761-9946 mobile,