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Bullboard - Stock Discussion Forum Glentel Inc GLNIF

Communication Services Telecom Services

GREY:GLNIF - Post Discussion

Glentel Inc > New competition
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Post by segltech on Jul 28, 2011 3:27pm

New competition

Bestbuy 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.
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