Company celebrates 45 years in business in 2008 and plans to further
expand its wireless retail presence in Canada
BURNABY, BC, Jan. 23 /CNW/ - Glentel Inc. (TSX: GLN), a leading provider
of innovative and reliable telecommunications services and solutions in Canada
and the United States, today announced that the company concluded 2007 with
record expansion in its Retail Division and significant contract growth in its
Business Division while announcing a 10 percent increase in its quarterly
dividend in 2008. The company also received notable industry recognition
during the year for its business operations and employee training program.
Last year, Glentel's Retail Division reported increased retail presence
with the expansion of its three consumer brands; WirelessWave, Wireless etc.,
and The Telephone Booth (Tbooth and La Cabine T). WirelessWave celebrated its
10th anniversary in 2007 and opened its 101st mall-based store at year end.
Wireless etc. opened kiosks in 40 additional Costco Wholesale Canada
locations, bringing the total store count in Costco to 63, while Tbooth opened
11 new stores, concluding the year with 60 locations. Additionally, Glentel's
Retail Division was honoured with two Training Excellence awards from the
Canadian Society of Training and Development for Creating a Culture of
Learning Development and for its Overall Internal Learning programs.
Glentel's Business Division also enjoyed a banner year for securing
system integration contracts which included Alberta's Yellowhead County, the
City of Regina, and the University of Saskatchewan, among others. In
Yellowhead County, Glentel completed a $1.2 million dollar project replacing
the wireless communications system infrastructure and user equipment for the
area's fire and emergency medical services as well as transportation,
enforcement, and agricultural services. In Regina, Glentel installed a beta
fixed wireless broadband service for the city, providing high-speed data
services for data acquisition, supervisory control, and video surveillance,
and enabling workforce automation services for city staff. Glentel also
delivered a communications infrastructure upgrade for the University of
Saskatchewan, helping extend the life of the wireless communications system on
the Saskatoon campus.
"2007 was a year of substantial expansion for Glentel," said Tom
Skidmore, President and CEO of Glentel. "We plan to continue to expand our
retail presence in Canada and build on last year's momentum. We are also very
excited to be celebrating our 45th anniversary in business in 2008, including
our 25th anniversary as a Canadian public company."
During 2007, Glentel was recognized as Burnaby's "Business of the Year"
for business excellence, growth, and community involvement. As a community and
corporate initiative, Glentel and its employees actively volunteer and
financially support programs including Kids Help Phone, The Salvation Army, BC
Women's Hospital, and Trinity Western University.
With more than 1,200 dedicated employees, Glentel will continue to build
its industry-leading customer service to its loyal and growing customer base.
In 2008, the company plans to continue to expand with the opening of a
combined total of 15 new WirelessWave and Tbooth mall-based stores across
Canada and an additional 11 new Wireless etc. kiosks within Costco stores.
Glentel also plans to enter into the provinces of Saskatchewan, New Brunswick
and Nova Scotia this year with its retail store expansion.
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, B.C., Glentel comprises two
operating divisions - Retail and Business - that service thousands of
consumers and commercial telecommunications customers. Together with its
divisions, the company boasts more than 240 locations across Canada located in
retail malls, Costco Wholesale stores, and business centers. As the largest
multi-carrier cellular retailer in Canada, it offers a choice of network
carrier and wireless device or phone. To its business and government
customers, Glentel offers wireless engineering and 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
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, (604) 415-6500; Media Contacts: Kristin
Treat, Vice President, James Hoggan & Associates on behalf of Glentel, (604)
761-9946 mobile, email@example.com; Erin Gawne, Account Manager, James Hoggan
& Associates on behalf of Glentel, (604) 765-2488 mobile, firstname.lastname@example.org