Cable / Telecom News

COMMENT: MTS tells market, analysts, to go fly a kite

FINALLY, A CANADIAN, PUBLICLY traded wireline telco has made a real commitment to the future, despite what the country’s financial community thinks.MTS Allstream has been absolutely crucified in the markets this month for daring to cut its quarterly dividend in order to try to properly prepare the company for what’s next by launching a $125 million fibre to the home overhaul. Good for Pierre Blouin and his team for deciding that if the company is to continue in the wired communications game and gain a real competitive advantage in its service areas, it had to make the fibre-to-the-home switch, no matter...