BURNABY, BC, Oct. 26, 2012 /CNW/ - The Board of Directors of GLENTEL Inc.
(TSX: GLN) is pleased to declare a special dividend of $0.05/share, with a
record date of Thursday, November 8, 2012 and a payment date of Thursday,
November 22, 2012. This dividend qualifies as an "eligible dividend" for
Canadian income tax purposes.
"This special dividend of $0.05/share, when included with the four ordinary
dividends paid in 2012, brings the total dividend distribution for the year to
$0.45 per common share," stated Thomas Skidmore, President and CEO.
GLENTEL (TSX: GLN) is the largest independent multi-carrier mobile phone
retailer in Canada and a leading provider of innovative and reliable
telecommunications services and solutions in North America. Founded in 1963
and headquartered in Burnaby, BC, Canada, GLENTEL comprises three operating
divisions - Retail Canada, Retail U.S. and Business - that service thousands
of consumers and commercial communications customers. The company operates
over 540 corporate stores with more than 330 locations in Canada located
nationally in retail malls, Costco Wholesale stores, and business centres; and
more than 210 retail locations in the United States. GLENTEL offers a choice
of network carrier and wireless device or mobile phone to Canadian consumers
and offers the family of wireless products and services of Verizon Wireless as
one of Verizon Wireless' select six National Premium Retailers in the United
States. GLENTEL operates its business under the trading names Glentel
Wireless, WIRELESSWAVE, WAVE SANS FIL, Tbooth wireless, la cabine T sans fil,
WIRELESS etc., WAVE SANS FIL etc., Mac Station, and Diamond Wireless - a
Verizon National Premium Retailer in the U.S.
NO STOCK EXCHANGE, SECURITIES COMMISSION, OR OTHER REGULATORY AUTHORITY HAS
APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
For a copy of GLENTEL's annual report or for additional information visit
www.glentel.com or www.sedar.com.
Investor Relations Contact: Jas Boparai, Chief Financial Officer GLENTEL Inc.
604.415.6500 firstname.lastname@example.org Media Contact: Lois Grierson
GLENTEL Inc. 604.415.6500 email@example.com
SOURCE: Glentel Inc.
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CO: Glentel Inc.
ST: British Columbia
NI: TLS DIV
-0- Oct/26/2012 18:34 GMT
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