Contracts include a communications system for the Government of Canada
BURNABY, BC, Feb. 6, 2014 /CNW/ - GLENTEL Inc.'s (TSX: GLN) Business
Division, dba GLENTEL Solutions, announced today that it has secured
several large projects in Canada ranging between $2 million and $7.5
million, for delivery in 2014.
Projects for 2014 include the kickoff of the installation of a secure
communications system for the Government of Canada, upgrades to a
refinery communications system in Ontario, upgrades to two legacy
systems for a large agricultural company in Alberta, the installation
of a radio system in the largest potash mine in the world located in
Saskatchewan, the third phase of the installation of a large number of
radios for a municipality in the Greater Toronto Area, and the kickoff
of a large new P25 system in partnership with Motorola in eastern
"GLENTEL Solutions continues to focus on its core strength of bringing
wireless communications solutions to its partners, including
government, oil and gas, public safety, and mining," stated Cary
Skidmore, Executive Vice President and Chief Marketing Officer of
GLENTEL. "These contracts position GLENTEL Solutions to increase its
contribution to GLENTEL Inc.'s earnings in 2014."
Based in Burnaby, BC, Canada, GLENTEL (TSX: GLN) 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 is the largest
independent multi-carrier mobile phone retailer in Canada and
Australia, and in the United States GLENTEL operates two of the six
National Premium Retailers for Verizon Wireless.
GLENTEL's brands - GLENTEL Solutions, 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 4,300
employees and operates in more than 1,400 locations, including more
than 470 locations in Canada - in retail malls, business centres,
Costco Wholesale Canada stores, and Target Canada stores; more than 760
Verizon Wireless-authorized locations in the United States (Diamond
Wireless, BJ's Wholesale Club kiosks, and Wireless Zone corporate and
franchise locations); and more than 170 Allphones retail locations in
Australia and the Philippines.
This news release contains statements about financial and operating
performance of GLENTEL and future events that are forward looking. By
their nature, forward looking statements require GLENTEL to make
assumptions and predictions and are subject to inherent risks and
uncertainties. There is significant risk that the forward-looking
statements will not prove to be accurate. Readers are cautioned not to
place undue reliance on forward-looking statements as a number of
factors could cause actual future performance and events to differ
materially from that expressed in the forward looking statements.
Accordingly, this news release is subject to the disclaimer and
qualified by the qualifications and risk factors referred to in
GLENTEL's 2012 Annual Information Form, in the 2012 annual report, and
any assumptions, qualifications and risk factors contained in other
GLENTEL public disclosure documents and filings with securities
commissions in Canada (on SEDAR at sedar.com). Except as required by
law, GLENTEL disclaims any intention or obligation to update or revise
forward looking statements, and reserves the right to change, at any
time at its sole discretion, its current practice of updating annual
targets and guidance.
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
For a copy of GLENTEL's annual report or for additional information, visit www.glentel.com or www.sedar.com.