MTS sees "solid growth", achieves guidance for 2008

WINNIPEG – MTS Allstream saw full-year revenue growth for the first time since 2005, and achieved guidance for revenue, EBITDA, earnings per share, capital expenditures and free cash flow from continuing operations in its fiscal 2008. Full-year revenue from continuing operations for the year ending December 31, 2008, increased by 0.8% to $1,921.5 million, EBITDA from continuing operations increased by 1.0% to $661.8 million, and free cash flow from continuing operations was up 1.1% to $261.3 million. "MTS Allstream delivered solid results in 2008 as we continued to execute on our strategy," said CEO Pierre Blouin, in a press release...