MTS reveals CAD125 million FTTH investment; suffers revenue drop

9 Aug 2010

MTS Allstream says it will expand fibre-to-the-home (FTTH) and VDSL broadband access to 65% of Manitoban households by 2015, in a project costing CAD125 million (USD 122 million). The full-service telco’s direct fibre services, offered under the ‘FiON’ brand name, are expected to pass 120,000 homes in around 20 communities in MTS’s home province by the target date, providing its ‘Ultimate TV’ HD IPTV and ultra-high speed internet to customers. The company said the FTTH rollout would be integrated with existing high speed VDSL networks in Winnipeg, Brandon and Portage.

MTS also reported that its second-quarter revenues fell year-on-year to CAD443 million from CAD452 million, whilst its EBITDA increased marginally from CAD140.5 million in 2Q09 to CAD141 million a year later.

Canada, Bell MTS (formerly MTS)