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Costco Wholesale Canada Renews License Agreement With Glentel

GLENTEL Inc. (GLN.TO) announced that it has extended its Cellular Phone Kiosk license agreement with Costco Wholesale Canada Ltd. for an additional period of 2 years, effective September 2, 2012.

The company stated that the agreement renewed by Costco grants GLENTEL an exclusive right to operate kiosks offering smartphones, accessories, and Costco-approved wireless devices within all Costco warehouses in Canada.

The original agreement was entered into between GLENTEL Inc. and Costco Wholesale Canada Ltd. on July 31, 2007.

by RTTNews Staff Writer

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