TSX Stock Symbol: GLN
BURNABY, BC, Aug. 22 /CNW/ - Glentel announced today that it has signed a
multi-year cellular phone kiosk licence agreement with Costco Wholesale
Canada. Costco has agreed to provide Glentel a licence to set up kiosks in
their warehouses in Canada, providing to Costco members a choice of cellular
phones, related wireless devices, accessories, and peripherals activated
through Canadian cellular carriers authorized by Glentel. The cellular phone
kiosks operate under the banner Wireless etc.
Glentel plans to be operating 60 Wireless etc. kiosks in Costco
warehouses by the end of 2007 and will open kiosks in the remaining Costco
warehouses by the end of the 3rd quarter of 2008. Wireless etc. currently
operates cellular phone kiosks in 23 Costco warehouses in Canada. Subject to
certain conditions, Costco has granted Glentel the exclusive right to operate
kiosks offering cellular phones and related products within Costco warehouses
"Glentel is delighted to have been chosen by Costco to provide an
everyday cellular phone value proposition to Costco members across Canada,"
said Tom Skidmore, Glentel's president and chief executive officer. "Glentel's
value commitment to serving its customers with knowledgeable staff and to
offering choice, value, and exceptional customer service with honesty and
integrity was a perfect fit with Costco's values. We look forward to the
future with anticipation and excitement as we embrace the opportunity to
nurture and grow the personal wireless phone category within the Costco
environment for the mutual benefit of Costco, its members, and Glentel."
Glentel is a wireless solutions provider operating 197 corporate retail
and business locations in Canada doing business as WirelessWave, Tbooth/La
Cabine T, WIRELESS etc., and Glentel Wireless. Glentel specializes in
providing expert knowledge, choice of network provider, sales and service of
mobile phones, internet phones, and handheld wireless devices to consumers in
Canada and in providing engineered wireless solutions, airtime, and wireless
radio rental services to North American business and government customers.
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HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
To request a copy of Glentel's annual report, go to www.newswire.ca,
Tools for Investors, and click on reports@cnw.
For further information:
For further information: Thomas E. Skidmore, Tel (604) 431-2302,
President & CEO, firstname.lastname@example.org; or Investor Relations, Dale B.
Belsher, Chief Financial Officer, Tel (604) 415-6566