Portfolio Exits
1Partners & Customers
8About Glentel
Glentel (TSX: GLN) is an independent multi-carrier mobile phone retailer in Canada and a provider of reliable telecommunications services and solutions in North America. Glentel comprises four operating divisions - Retail Canada, Retail U.S., Retail Australia and Business - that service thousands of consumers and commercial communications customers. To its business and government customers, Glentel offers wireless service, rental equipment, satellite and terrestrial network systems and wireless asset monitoring. Glentel offers a choice of network carrier and wireless device or mobile phone to Canadian and Australian consumers and offers the family of wireless products and services of Verizon Wireless. Glentel operates its business under the trading names GLENTEL Wireless, WIRELESSWAVE, WAVE SANS FIL, Tbooth Wireless, La Cabine T Sans Fil, WIRELESS etc., SANS FIL etc., Mac Station, Diamond Wireless - a Verizon Wireless National Premium Retailer in the U.S., and Allphones in Australia.

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Latest Glentel News
Dec 18, 2020
Greentec and Glentel co-promote sustainability Firms encourage responsible disposal of old phones across Canada December 18, 2020 EP&T Magazine Cambridge-based electronic recycler Greentec has confirmed its partnership with Canadian mobile phone retailer, Glentel Inc., to securely collect and recycle used mobile devices. With more than 245 retail outlets across Canada branded as WIRELESSWAVE and Tbooth wireless, Glentel recognizes the implications its high volume of mobile phone sales has on e-waste generation, as users continually upgrade their device. By hosting a cell phone take-back and recycling program at each retail location, this partnership will direct millions of old cell phones away from landfills each year and ensure environmentally safe and responsible disposal. Greentec specializes in Certified Data Destruction and Sustainable Electronics Recycling, ensuring devices that are disposed of do not pose a privacy or environmental risk to individuals. As a leading expert in the electronic processing and recycling marketplace, Greentec recognizes the threat that mobile phones pose to the environment. With an incredibly short lifespan, mobile phones are quickly disposed of after an average of two years. This year alone, 31 million Canadians are in possession of a smartphone, meaning half of these individuals are likely to be in the market for a new device. This will lead to millions of smartphones being added to the landfill every year, and harmful toxic chemicals from lithium batteries pose a growing environmental and health threat through water and soil contamination. “All electronic waste is harmful if not disposed of properly, but we see an imminent threat to people from mobile phone waste,” states Greentec President and CEO, Tony Perrotta. “Mobile phones are a staple in society and there is a constant demand for the newer and better models. It’s evident that providers need to help manage the growing amount of discarded cell phones.”
Glentel Portfolio Exits
1 Portfolio Exit
Glentel has 1 portfolio exit. Their latest portfolio exit was Wireless Zone on November 09, 2016.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
11/9/2016 | Acquired - II | 2 |
Date | 11/9/2016 |
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Exit | Acquired - II |
Companies | |
Valuation | |
Acquirer | |
Sources | 2 |
Glentel Acquisitions
1 Acquisition
Glentel acquired 1 company. Their latest acquisition was Wireless Zone on November 27, 2012.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
11/27/2012 | Acquired | 1 |
Date | 11/27/2012 |
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Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 1 |
Glentel Partners & Customers
8 Partners and customers
Glentel has 8 strategic partners and customers. Glentel recently partnered with GreenTec on December 12, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
12/18/2020 | Partner | Denmark | Greentec and Glentel co-promote sustainability Cambridge-based electronic recycler Greentec has confirmed its partnership with Canadian mobile phone retailer , Glentel Inc. , to securely collect and recycle used mobile devices . | 1 | |
10/30/2014 | Vendor | ||||
7/28/2014 | Licensor | ||||
7/2/2013 | Licensee | ||||
5/29/2013 | Supplier |
Date | 12/18/2020 | 10/30/2014 | 7/28/2014 | 7/2/2013 | 5/29/2013 |
---|---|---|---|---|---|
Type | Partner | Vendor | Licensor | Licensee | Supplier |
Business Partner | |||||
Country | Denmark | ||||
News Snippet | Greentec and Glentel co-promote sustainability Cambridge-based electronic recycler Greentec has confirmed its partnership with Canadian mobile phone retailer , Glentel Inc. , to securely collect and recycle used mobile devices . | ||||
Sources | 1 |
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