GLENTEL Inc. increases its quarterly dividend

BURNABY, BC, Jan. 2, 2013 /CNW/ - January 2, 2013 - GLENTEL Inc.'s (TSX: GLN) 
Board of Directors is pleased to announce the declaration of a quarterly 
dividend in the amount of $0.125 per share, for shareholders of record on 
Thursday, January 10, 2013, payable on Thursday, January 24, 2013. 
"We are especially pleased to announce a dividend increase of 2.5 cents per 
share compared to quarterly dividends paid in 2012," stated Thomas Skidmore, 
GLENTEL's President and Chief Executive Officer. "The declared dividend will 
increase the previous quarterly dividend of $0.10 per share to $0.125 per 
share. The dividend increase recognizes GLENTEL's consistent growth in sales 
and profitability, as well as anticipated net earnings contributions in 2013 
from our recent acquisitions in the United States and Australia. The Board 
intends to share the success of the company primarily through the declaration 
of quarterly dividends. In 2013 and beyond, special dividends will not be 
declared annually, but rather may be declared on an extraordinary basis, from 
time to time." 
Unless otherwise stated, dividends paid by GLENTEL Inc. to Canadian residents 
are "eligible dividends" as defined by the Canadian Income Tax Act and 
corresponding provincial legislation. 
About GLENTEL 
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 four operating 
divisions - Retail Canada, Retail U.S., Retail Australia and Business - that 
service thousands of consumers and commercial communications customers. The 
company operates over 1,180 stores worldwide, with more than 330 locations in 
Canada located nationally in retail malls, Costco Wholesale stores, and 
business centers; more than 210 Diamond Wireless retail locations in the 
United States; 428 Wireless Zone retail locations in the United States; and 
more than 210 retail locations in Australia. In addition, Target Canada has 
licensed the operation of over 125 mobile communications sales and service 
kiosks within its stores to GLENTEL under the brand Target MobileĀ®, 
commencing in 2013. To its business and government customers, GLENTEL offers 
wireless service, rental equipment, satellite and terrestrial network systems 
and wireless asset monitoring. GLENTEL offers a choice of network carrier and 
wireless device or mobile phone to Canadian and Australian consumers and 
offers the family of wireless products and services of Verizon Wireless 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., SANS FIL etc., Mac Station, Diamond Wireless and Wireless Zone 
- Verizon Wireless National Premium Retailers in the USA, and Allphones in 
Australia. 
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 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. investors@glentel.com 
Media Contact: Lois Grierson GLENTEL Inc. lgrierson@glentel.com 
SOURCE: Glentel Inc. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/January2013/02/c3595.html 
CO: Glentel Inc.
ST: British Columbia
NI: TLS DIV  
-0- Jan/02/2013 12:52 GMT
 
 
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