Glentel buys U.S. wireless retailer

BURNABY, BC – Wireless retailer Glentel is expanding into the U.S. after buying up Diamond Wireless for US$50.45 million.Headquartered in Salt Lake City, Utah, Diamond Wireless operates 128 stores in Washington, Oregon, Wyoming, Utah, Colorado, California, Arizona, Nevada, New Mexico, Texas and Hawaii. Founded in 2000 by brother-sister team Troy Crosland and Danielle Nielson, Diamond Wireless represents Verizon Wireless as a ‘premium retailer’ in the western and southern states."We are delighted to welcome Diamond Wireless to our company," said Glentel president and CEO Thomas Skidmore, in Monday’s announcement. "Diamond has consistently delivered strong growth in sales and profitability, new store...