Costco Canada renews smartphone kiosk agreement with Glentel

BURNABY, BC - Glentel Inc. has extended its cellular phone kiosk licence agreement with Costco Wholesale Canada Ltd. for an additional two years, effective Sept. 2, 2012. The agreement renewed by Costco grants Glentel an exclusive right to operate kiosks offering smart phones, accessories and Costco-approved wireless devices within all Costco warehouses in Canada. The original agreement was entered into between Glentel and Costco Wholesale Canada on July 31, 2007.