Glentel Declares Dividend, Increased to $.09/Share

Burnaby, BC – April 2, 2009 – The board of directors of Glentel Inc. is pleased to announce an increase in its quarterly dividend, to $.09 per share. The declared dividend has a record date of April 16, 2009, and is payable on April 30, 2009.

 

“Glentel continues to enjoy consistent sales with profitability,” said Thomas Skidmore, Glentel’s president and chief executive officer. “The board of directors is satisfied that the company has sufficient funds on hand for the capital requirements of its operations while increasing its quarterly dividend.”
 
 
About GLENTEL

GLENTEL (TSX: GLN) is a leading provider of innovative and reliable telecommunications services and solutions in Canada and the United States. Founded in 1963 and headquartered in Burnaby, BC, GLENTEL comprises two operating divisions – Retail and Business – that service thousands of consumers and commercial telecommunications customers. Together with its divisions, the company operates more than 270 corporate locations across Canada located in retail malls, Costco Wholesale warehouses, and business centers. As the largest multi-carrier mobile phone retailer in Canada, it offers a choice of network carrier and wireless device or phone. To its business and government customers, Glentel offers wireless service, rental equipment, satellite and terrestrial network systems, tower sites and wireless asset monitoring. Glentel operates its business under the trading names Glentel Wireless, WirelessWave, The Telephone Booth (Tbooth and la cabine T) and WIRELESS etc.

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CONTACT INFORMATION

Investor Relations Contact:
Dale B. Belsher
Chief Financial Officer, GLENTEL Inc.
604.415.6500
investors@glentel.com

 



Media Contacts:

Shafiq Jamal
Executive Vice President
James Hoggan & Associates
778.384.1532 mobile
sjamal@hoggan.com

Alex Chapple
Account Manager
James Hoggan & Associates
604.512.6095 mobile
achapple@hoggan.com


To secure a copy of GLENTEL’s annual report or additional information, visit www.glentel.com or www.sedar.com.