GREY:GLNIF - Post by User
Post by
segltechon Jul 28, 2011 3:27pm
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Post# 18884525
New competition
New competitionBestbuy has entered this market in US and Canada while others have been awarded similiar distribution rights by Verizon in the US. Canadian phone companies are seeking other channels also.
It looks like the Glentel market niche will be much more competative in the future.
Don't get me wrong, I have been a Glentel shareholder from the $8 level.
This has proven to be a very lucrative business and Glentel's challenge is going to be to maintain and grow their market position.