Cable / Telecom News

Amtelecom finishes “most successful year yet”

AYLMER – Facing a bid to purchase the company from Bell Aliant, Amtelecom Income Fund reported a big jump in revenue for the year ended December 31, 2006. The year includes 341 days of operations of People's Tel Limited Partnership (People's) which was acquired by the Fund on January 24, 2006. "I am pleased to report that fourth quarter results were very strong and Amtelecom has just completed its most successful year yet." said Michael Andrews, president and CEO. "The year saw a number of major accomplishments including the successful acquisition and integration of People's in January, a $20 million...