MTS Allstream reports Q4 results

Canadian full-service telco MTS Allstream has reported full-year revenues for 2011 which declined by 1% to CAD1.765 billion (USD1.762 billion), although consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) climbed to CAD594 million from CAD565 million the previous year. Wireless revenues increased by 8.6% to CAD356 million for the full-year, driven by a 46.1% increase in wireless data revenues that generated a 4.1% increase in ARPU for the year. At 31 December 2011, 41% of all post-paid wireless subscribers had data plans, up from 27% in 2010. Fixed internet revenues grew 6.8% to CAD103 million in 2011, with average revenue per user (ARPU) up 8.1% to CAD38.56 when compared to 2010, due to fewer customers on promotional plans, subscriber growth and price increases. Annual IPTV revenues grew 19.3% to CAD71 million, driven by the same factors. Long-distance carrier division Allstream’s converged IP revenues were up 8.7% to CAD235 million in 2011, representing approximately 30% of Allstream’s total revenues.