Glentel sees 31% jump in sales for 2008

BURNABY, BC – Telecom retailer Glentel reported a 31% increase in consolidated sales for their 2008 fiscal year, thanks in part to opening 24 new retail stores across Canada. Consolidated sales for the year ended December 31, 2008 were $289.3 million compared to $221.6 million for the same period of 2007, the company reported. Its retail division saw same-store activations of mobile phones and other wireless devices increase 17% to $249 million over the previous year in stores that were open in both 2008 and 2007. New smart phone products, such as the BlackBerry Bold, Samsung Instinct, and Apple iPhone, “created...