New entry in wireless market in Northeast Mississippi

Store locations
* Tupelo
Address: 2590 W. Main St.
Phone: (662) 205-4800
Hours: Monday – Saturday 9 a.m. – 7 p.m.; Sunday 1 p.m. – 5 p.m.
* New Albany
Address: 332 Park Plaza Dr.
Phone: (662) 534-9825
Hours: Monday – Friday 9 a.m. – 6 p.m.; Saturday 9 a.m. – 7 p.m.; Closed on Sunday

By Carlie Kollath
Daily Journal
TUPELO – Three area businessmen are breaking into the wireless market in Northeast Mississippi.
Chad Streetman of Tupelo, Clay Dial of Saltillo and Ken Petre of Fulton this year started Jack Monkey Wireless, which operates as a premium retailer for Verizon Wireless.
The first store opened in New Albany at the end of June. The second location opened in Tupelo last week in a former pharmacy building at the corner of West Main and Thomas streets.
In addition, Streetman said Jack Monkey Wireless is looking into a location in Southaven and second location in Tupelo.
The business has 10 employees.
The “premium retailer” status is Verizon’s version of a franchise. In contrast to the corporate Verizon store on North Gloster, Streetman said he pays for all his inventory and has more control over pricing.
Streetman previously worked for Alltel and is handling his company’s West Main store. Dial owns Advanced Staff in Saltillo and Petre owns Itawamba Investments.
Verizon is relatively new to the Tupelo market, opening a free-standing store near IHOP at the end of April. Previously, Verizon was in the market via its purchase of Alltel, which had a location in The Shoppes at Barnes Crossing, which is anchored by Bed Bath amp& Beyond.
Since it bought Alltell on Jan. 9, Verizon Wireless is the country’s largest wireless carrier with more than 80 million subscribers.

Carlie Kollath