Stock Name: GLN
Amount: CAD 0.14
Announcement Date: 28/10/2011
Record Date: 08/11/2011
Dividend Detail:
BURNABY, BC, Oct. 28, 2011 /CNW/ - The Board of Directors of GLENTEL
Inc. (TSX: GLN) is pleased to declare an extraordinary dividend of
$0.14/share, with a record date of November 10, 2011 and a payment date
of November 24, 2011.
About GLENTEL
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 three operating divisions - Retail Canada, Retail U.S. and
Business - that service thousands of consumers and commercial
communications customers. The company operates more than 315 locations
across Canada located in retail malls, Costco Wholesale stores, and
business centers, as well as more than 170 retail locations in the
United States. To its business and government customers, GLENTEL offers
wireless service, rental equipment, satellite and terrestrial network
systems, tower sites, and wireless asset monitoring. As the largest
multi-carrier mobile phone retailer in Canada, it offers a choice of
network carrier and wireless device or phone to Canadian consumers.
GLENTEL operates its business under the trading names Glentel Wireless,
WIRELESSWAVE, WAVE SANS FIL, Tbooth wireless, la cabine T sans fil,
WIRELESS etc. and WAVE SANS FIL etc., and Diamond Wireless - Verizon
National Premium Retailer in the U.S.
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.
For further information:
| Investor Relations Contact: | | | | Media Contact: | ||||||
| | | | Jas Boparai, Chief Financial Officer GLENTEL Inc. 604.415.6500 investors@glentel.com | | | | | | | Melanie Mitchell GLENTEL Inc. 604.415.7002 melanie.mitchell@glentel.com |
To secure a copy of GLENTEL's annual report or for additional information visitwww.glentel.com orwww.sedar.com.
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