Manitoba Telecom 3Q net profit, sales down; HSPA project with Rogers approved

6 Nov 2009

Manitoba Telecom Services (MTS Allstream) has posted revenues for July-September 2009 of CAD462.9 million (USD434.9 million), down from CAD479.9 million a year earlier, and EBITDA for the three months that also fell, to CAD156.9 million, down from CAD165.1 million in Q3 2008. The Manitoban telco’s ‘legacy services’ wireline revenues stood at CAD244.7 million, down from CAD266.8 million year-on-year, whilst ‘growth services’ revenues (including wireless, high speed internet, television and converged IP) were CAD218.2 million, up from CAD213.1 in the previous year. On 11 September 2009 MTS confirmed that its previously announced agreement with Rogers, that will see both companies share the cost to deploy HSPA wireless infrastructure across the existing MTS regional cellular footprint, received the required regulatory approvals and will proceed. Elsewhere, on 25 September MTS launched ‘MTS Ultimate TV’ to residents in the city of Brandon, which it says is ‘the next generation of high definition television that combines technology from Alcatel-Lucent and the Microsoft Mediaroom Internet Protocol television software platform.’ On 16 October MTS said it launched the Novatel Wireless MiFi 2200 Intelligent Mobile Hotspot in Manitoba, for CDMA2000 1xEV-DO mobile network users.

Canada, Bell MTS (formerly MTS)