RadioShack Corporation Expands Wireless Offering
24 July 2009 - 6:30AM
PR Newswire (US)
FORT WORTH, Texas, July 23 /PRNewswire-FirstCall/ -- RadioShack
Corporation (NYSE:RSH) today announced that as part of its ongoing
strategy to increase its authority and share in mobility and
connectivity, it has added T-Mobile Wireless to its assortment of
post paid carriers in more than 4000 stores. "Our mobility strategy
is rooted in customer advocacy, and allows us to offer the best
solution for consumers' needs across multiple carriers, plans,
phones and accessories," said Julian Day, RadioShack's Chairman and
Chief Executive Officer. He added, "RadioShack has a tremendous
legacy of innovation, and in a highly mobile world, keeping our
customers seamlessly connected to one another is a commitment we
are very focused on delivering." Today, approximately 30 percent of
RadioShack's annual sales are generated by its wireless platform.
The Company's drive to increase its assortment of carriers responds
to three important trends. -- The need to stay connected is the
greatest it has ever been as a majority of U.S. consumers enjoy the
mobility of wireless technology. -- Consumers want choice and rely
heavily on retail stores and knowledgeable sales associates when
making decisions about wireless handsets and service plans.
Retailers must be able to offer unbiased solutions in order to be
truly customer-focused. -- The recent increasing functionality of
handsets has dramatically raised consumers' expectations for
greater selections of innovative and adaptable mobile devices.
T-Mobile, a national provider of wireless voice, messaging and data
services capable of reaching over 268 million Americans, will be
joining RadioShack effective August 19, 2009. In addition, the
recently announced T-Mobile myTouch(TM) 3G, the highly anticipated
follow-up to the T-Mobile G1(TM), the world's first Android(TM)
powered device, is anticipated to be in RadioShack stores on August
19, 2009. "We are excited to partner with T-Mobile and to provide
our customers with an expanded assortment of innovative products
and wireless plans that deliver quality and value," Day said.
Forward-Looking Statements This press release contains or may
contain forward-looking statements, as referenced in the Private
Securities Litigation Reform Act of 1995 ("the Act"). These
forward-looking statements reflect management's current views and
projections regarding economic conditions, retail industry
environments and company performance. Factors that could
significantly change results include, but are not limited to, sales
performance, economic conditions, product demand, expense levels,
competitive activity, interest rates, changes in the company's
financial condition, availability of products and other risks
associated with the company's vendors and service providers, the
regulatory environment and factors affecting the retail category in
general. Additional information regarding these and other factors
is described in the company's filings with the SEC, including its
most recent Annual Report on Form 10-K and Quarterly Report on Form
10-Q. About RadioShack Corporation RadioShack Corporation
(NYSE:RSH), headquartered in Fort Worth, Texas, is one of the
nation's most experienced and trusted consumer electronics
specialty retailers, offering innovative products and services from
leading brands. Our knowledgeable, helpful sales associates are
committed to enhancing the in-store shopping experience by
listening to our customers, offering advice, and partnering with
them to find the best technology solutions that fit their needs.
Operating from convenient and accessible neighborhood and mall
locations, the company has approximately 4,450 company-operated
stores; almost 1,400 dealer outlets; nearly 600 wireless phone
kiosks throughout the U.S.; and approximately 200 company-operated
stores in Mexico. For more information on RadioShack Corporation,
or to purchase items online, visit http://www.radioshack.com/.
http://www.newscom.com/cgi-bin/prnh/20000518/DATH047LOGO
http://photoarchive.ap.org/ DATASOURCE: RadioShack Corporation
CONTACT: Wendy Dominguez, Media Relations of RadioShack
Corporation, +1-817-415-3300, Web Site: http://www.radioshack.com/
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