MTS Allstream reports 15.6% rise in revenue

MTS (Manitoba Telecom Services) said its fourth-quarter profit from operations increased due to a 15.6 rise in revenue from growth services such as high-speed Internet, digital TV and Web-based communications. Their earnings from continuing operations was up from 52 cents last year to 62 Canadian cents a share, for the three months ended December 31.

MTS is also in talks with potential partners regarding entry into Canada’s wireless market and compete against BCE Inc, Telus Corp and Rogers Communications but still hasn’t made a final decision.

“The company will not make any decisions about whether or how to proceed until it has completed its analysis and discussions with potential partners regarding the range of strategies available for entry,” MTS said as it announced Q4 results.

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