Strong sales in 2010 drive "outstanding earnings" at Glentel

BURNABY – A 34% jump in sales helped to push 2010 net income past $24 million at Glentel.The multi-carrier wireless retailer reported that consolidated sales for the year ended December 31, 2010 were $412.31 million, up from $308.09 million in 2009. This, in turn, drove up consolidated net income to $24.32 million, over $15.95 million last year.Sales of retail mobile phone products and services in the company’s Retail Canada Division grew 22% to $330.16 million, while sales in its Business Division of terrestrial narrowband and broadband radio systems, satellite network services, and implementation services were $37.07 million, virtually unchanged from...