Retail expansion fuels Glentel's Q2 sales, profit

BURNABY, B.C. – Sales for wireless retailer company Glentel remained strong for a second consecutive quarter, as the company reported $320.8 million in consolidated sales for the second quarter of 2013, a $15.1 million increase over the previous quarter and a 122% increase compared to the same period a year earlier. Much of the second quarter sales growth came from Glentel’s Canadian retail stores, which brought in $98.8 million in sales, up 14% from the $86.5 million reported for the second quarter in 2012. Glentel completed the second phase of its Target Mobile rollout during Q2 2013, opening a total...