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  September 5, 2001
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Home > Company Index > Retail > Consumer Electronics Retailing > Let's Talk Cellular & Wireless, Inc.

Let's Talk Cellular & Wireless, Inc.
OTC: LTCW
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 PROFILE
Coffee? Turkey? Trash? Any talk was fine by Let's Talk Cellular & Wireless, which sold communications products and services at its 240 stores. The stores, based mostly in malls in some 21 states, offered phones, pagers, accessories, and cellular and wireless services. Let's Talk, which was started out of a van in 1989, entered Chapter 11 bankruptcy in May 2000. In May 2001 the company emerged from bankruptcy and sold about 200 stores, a distribution center, and its headquarters to wireless service provider Nextel Communications for about $33 million. Nextel is branding the stores with the Nextel moniker; Let's Talk's 40 remaining stores aren't in areas with Nextel phone service and will be sold or closed.

 COMPETITION
Best Buy Co., Inc. (BBY)
Circuit City Group (CC)
RadioShack Corporation (RSH)

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 FINANCIAL OVERVIEW
Fiscal Year-End: July
1998 Sales (mil.): 122.50
1-Yr. Sales Growth: 307.0%
Employees: 989
Revenue per employee: $123,862.49

 KEY PEOPLE
• Brett Beveridge
    CEO
• Steven S. Gallers
    CFO

 CONTACT INFO
800 Brickell Ave., Ste. 400
Miami, FL 33131
US
Phone: 305-358-8255
Fax: 305-358-9068

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