FORT WORTH, Texas, Sept. 15, 2011 /PRNewswire/ -- RadioShack Corp. (NYSE: RSH), a leading national retailer of innovative technology products, services and accessories, today announced the arrival of Verizon Wireless products and services in more than 4,400 U.S. company-operated RadioShack locations and through its website, www.RadioShack.com. Together, RadioShack and Verizon Wireless will celebrate the launch with a series of special offers.
Starting today, RadioShack customers will have access to industry-leading smartphones, feature phones and mobile broadband devices from the nation's largest wireless carrier. To mark this significant event, RadioShack will offer $100 off* most Verizon Wireless smartphones, including scorching-fast 4G LTE devices such as the DROID BIONIC by MOTOROLA, the DROID CHARGE by Samsung, the Revolution by LG and the ThunderBolt™ by HTC. RadioShack also will offer $100 off* other iconic 3G smartphones from Verizon Wireless, including the DROID X2 by MOTOROLA and the DROID INCREDIBLE 2 by HTC, among other top-selling handsets. (*Offer available only for a limited time for new or upgrade customers with qualifying two-year service agreement and data feature.)
"The arrival of Verizon Wireless is a definitive enhancement of our multi-carrier retailing proposition. Consumers increasingly expect the freedom to compare and contrast their mobile phone choices in one convenient location," said Jim Gooch, president and chief executive officer for RadioShack Corp. "Giving consumers access to knowledgeable associates plus a wide range of carriers, rate plans, devices, services and accessories helps us build lasting relationships. RadioShack is now well positioned to continue our momentum with consumers in the mobility category."
RadioShack will also offer the $50 Unlimited prepaid plan from Verizon Wireless — featuring monthly unlimited talk, text and Web service on no-contract phones such as the Samsung Intensity™ II Prepaid, Pantech Caper™, LG Revere™ or Verizon Salute. Customers who purchase a no-contract Verizon Wireless phone in-store at RadioShack will receive a $20 RadioShack gift card. Other great offers to celebrate the Verizon Wireless launch include 25 percent off all cases and screen protectors matching Verizon Wireless devices. These offers will only be available for a limited time.
"We are pleased to begin what we anticipate will be a long and fruitful relationship with Verizon Wireless. Today we have strengthened our wireless portfolio and have given our customers an authoritative, compelling selection of phones, service plans and accessories for their connected lifestyles," said Scott Young, executive vice president and chief merchandising officer for RadioShack Corp.
This press release contains or may contain forward-looking statements, as referenced in the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect management's current views and projections regarding economic conditions, retail industry environment and Company performance. Factors that could significantly change results include, but are not limited to, the underperformance or loss of certain of our important vendor relationships, including our relationship with Verizon Wireless as discussed in this news release; difficulties associated with profitably operating our new Target Mobile centers; a breach or termination by one of our wireless carrier providers of its agreement with us; overall sales performance, economic conditions, product demand, expense levels, competitive activity, interest rates, changes in the Company's financial condition, availability of products and services 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 included in the Company's filings with the SEC, including its most recent Annual Report on Form 10-K filed on Feb. 22, 2011, and its quarterly report on Form 10-Q filed on April 25, 2011.
About RadioShack Corporation
RadioShack is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs. The Shack® offers consumers a targeted assortment of wireless phones and other electronic products and services from leading national brands, exclusive private brands and major wireless carriers, all within a comfortable and convenient shopping environment. RadioShack employs approximately 33,000 people globally, including a team of friendly and helpful sales experts who are recognized for delivering the best customer service in the wireless industry. RadioShack's retail network includes approximately 4,675 company-operated stores in the United States and Mexico, more than 1,475 wireless phone centers in the United States, and approximately 1,140 dealer outlets worldwide. For more information on RadioShack Corporation, please visit www.radioshackcorporation.com; to purchase items online, please visit www.radioshack.com. RadioShack® and The Shack® are registered trademarks licensed by RadioShack Corporation.
SOURCE RadioShack Corporation