Joint venture | |
Industry | Wireless |
Founded | (1963 | )
Headquarters | Burnaby, British Columbia, Canada |
Number of locations
|
400+ |
Area served
|
Canada, United States |
Key people
|
Chairman, CEO, President |
Products | Wireless, Telecommunications |
Revenue | C$700 million (2016) |
C$24.5 million (2009) | |
C$15.9 million (2009) | |
Number of employees
|
2,100+ |
Parent |
BCE Inc. Rogers Communications |
Website | www |
Glentel is a Canadian retail firm. Based in Burnaby, the company deals primarily as a retailer of mobile phone services; in Canada, the company operates over 400 wireless outlets operating under the Tbooth Wireless and WirelessWave brands, particularly in mall kiosks. Glentel outlets sell services from Bell Mobility and Rogers Wireless—who jointly own the company, along with their respective pre-paid/value brands (such as Fido and Virgin Mobile), and SaskTel in Saskatchewan. The company also operates store-within-a-store kiosks at Canadian Costco locations under the Wireless etc. brand, and operated as Target Mobile at Target locations in Canada until the chain's closure. In 2010, the company first expanded into the United States with its acquisition of Verizon Wireless retail chain Diamond Wireless.
On November 28, 2014, BCE Inc. announced that it would acquire Glentel for $670 million, pending regulatory approval, in an effort to boost its retail presence. After a dispute with Rogers, who argued that it was contractually required to consent to any change in ownership of the company, Bell announced that it would divest a 50% stake in Glentel to Rogers upon the closure of the acquisition, turning the company into a 50/50 joint venture between the rival firms.
Glentel’s Canadian Retail Division has three brands – WirelessWave, Tbooth Wireless, and Wireless etc., Target mobile It has more than 310 retail locations that are located in shopping malls, street fronts, and Costco Warehouses across Canada. Glentel's US retail division consists of over 240+ Diamond Wireless - Verizon Premium retail locations in the United States.