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Glentel Inc GLNIF

Communication Services Telecom Services


GREY:GLNIF - Post by User

Glentel Inc > Q2 Analyst in Dreamland!
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Comment by porksnifferon Aug 03, 2013 9:59am
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Post# 21648216

RE:RE:RE:Q2 Analyst in Dreamland!

RE:RE:RE:Q2 Analyst in Dreamland!Everyone agrees earnings were awful. Margins have vanished. Makes one wonder how much the telcos have cut commisions and why the company is looking to Asia for any growth. Looks like the cellphone plan has been commoditized. Also lots of start up costs with the Target rollout eating earnings. Still, flat earnings with double the sales is a disturbing trend. The opportunity is with Verizon. Glentel will probably be the natural reseller for the initial rollout should they enter the Candian market as they seem to have pretty good relations in the US with he handover of the BJ's kiosks from Verizon shows. Maybe Robert can chime in on this.
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