General Wireless Acquires the RadioShack Brand PR Newswire FORT WORTH, Texas and NEW YORK, July 1, 2015 FORT WORTH , Texas and NEW YORK , July 1, 2015 /PRNewswire/ — General Wireless Operations Inc., doing business as RadioShack, announced today that it has closed on a $26.2 million purchase of the RadioShack brand, giving the company the ability to operate the retailer under the RadioShack brand name. “We are excited to be moving forward as a new and reinvigorated company under one of the most recognized consumer brand names of all time,” said Ron Garriques , Chief Executive Officer of RadioShack. “Our stores serve over 1,200 communities, providing high-quality, high-value consumer electronics and accessories from globally recognized manufacturers and increasingly, with this acquisition, from exclusive brands that our customers know and trust such as Realistic, AUVIO, ENERCELL Optimus and more.” General Wireless acquired 1,743 RadioShack stores in April 2015 that form the go-forward footprint of the revitalized company […]