GLENTEL Inc. renews normal course issuer bid to repurchase Common Shares

GLENTEL Inc. renews normal course issuer bid to repurchase Common Shares 
BURNABY, BC, Feb. 7, 2014 /CNW/ - GLENTEL Inc. ("GLENTEL") (TSX:GLN) has 
filed, and has received Toronto Stock Exchange ("TSX") acceptance of, a notice 
to renew its normal course issuer bid ("NCIB") to purchase up to 500,000 of 
its outstanding Common Shares. Depending upon future price movements and other 
factors from time to time, the board of directors of GLENTEL believes that the 
purchase of its outstanding Common Shares may represent desirable use of a 
portion of its available funds and may provide additional liquidity to its 
shareholders, benefiting the remaining shareholders by an increase in the 
value of their equity interest in the company. 
On January 31, 2014, GLENTEL completed a previous NCIB, through which 59,175 
shares were purchased. In the period beginning February 11, 2014 and ending on 
February 10, 2015, GLENTEL intends to further acquire up to 500,000 Common 
Shares, being 2.24% of the 22,274,065 Common Shares outstanding on February 4, 
2014. Subject to any block purchases made in accordance with the rules of the 
TSX, GLENTEL will be subject to a daily repurchase maximum of 8,521 Common 
Shares, representing 25% of the average daily trading volume of 34,085 Common 
Shares. 
Any shares purchased pursuant to the NCIB will be cancelled. Shares will be 
purchased at the market price of the shares at the time of purchase and will 
be purchased on behalf of GLENTEL by a registered investment dealer through 
the facilities of the TSX or other Canadian market places. The funding for any 
purchase of Common Shares pursuant to the NCIB will be financed out of working 
capital of GLENTEL. 
About GLENTEL
Based in Burnaby, BC, Canada, GLENTEL (TSX: GLN) is a leading provider of 
innovative and reliable wireless communications services and solutions, 
offering a choice of network carrier and wireless or mobile products to 
consumers and commercial customers. GLENTEL is the largest independent 
multi-carrier mobile phone retailer in Canada and Australia, and in the United 
States GLENTEL operates two of the six Verizon Wireless National Premium 
Retailers. 
GLENTEL's brands - GLENTEL Solutions, WIRELESSWAVE, WAVE SANS FIL, Tbooth 
wireless, la cabine T sans fil, WIRELESS etc…, SANS FIL etc…, Mac Station, 
Diamond Wireless, Wireless Zone, and Allphones - span four countries and three 
continents. The Company employs over 4,300 employees and operates in more than 
1,400 locations, including more than 470 locations in Canada - in retail 
malls, business centres, Costco Wholesale Canada stores, and Target Canada 
stores; more than 760 Verizon Wireless-authorized locations in the United 
States (Diamond Wireless, BJ's Wholesale Club kiosks, and Wireless Zone 
corporate and franchise locations); and more than 170 Allphones retail 
locations in Australia and the Philippines. 
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.
 

SOURCE  Glentel Inc. 
Investor Relations Contact: Jas Boparai, Chief Financial Officer GLENTEL Inc. 
604.415.6500 
To secure a copy of GLENTEL's annual report, or for additional  information, 
visitwww.glentel.com orwww.sedar.com. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/February2014/07/c8359.html 
CO: Glentel Inc.
ST: British Columbia
NI: TLS  
-0- Feb/07/2014 13:00 GMT
 
 
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