|Cingular Signs Long-Term Distribution Agreement with RadioShack|
Posted: 01-Aug-2005 [Source: Cingular]
[Ten-year distribution deal with RadioShack announced giving Cingular 5,000 new sales outlets across the US.]
Atlanta -- Cingular Wireless today announced a 10-year distribution agreement with RadioShack Corporation that will give Cingular more than 5,000 new sales outlets across the United States. This agreement also will make RadioShack Cingular's single largest distribution outlet. Cingular, a joint venture between SBC Communications Inc. and BellSouth Corporation, will sell its full line of post-paid products and GoPhone pre-paid products through RadioShack stores beginning in the first quarter of 2006. Cingular is the nation's largest wireless company, with more than 51.6 million customers.
"Today's agreement with RadioShack builds on Cingular's already-strong distribution system," said Cingular President and CEO Stan Sigman. "RadioShack brings a nationwide network of stores and a team of knowledgeable and helpful salespeople with an unparalleled understanding of wireless products. Cingular is looking forward to leveraging these new sales channels to grow our business and serve our customers."
Cingular has 2,300 company-owned stores and kiosks and sells its postpaid products in 5,100 other national retail stores. The company is also represented in 15,000 authorized agent locations.
The two companies are also exploring other distribution opportunities in the future.
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