Cable / Telecom News

MTS expects ’09 growth

WINNIPEG – MTS is forecasting 2% growth in their overall revenue, EBITDA, earnings per share and free cash flow in 2009. In addition to releasing its financial outlook on Wednesday, the company also said that it expects to deliver results for 2008 which are in line with consensus analyst estimates. Its consumer markets division, which operates under the MTS brand, will see “continued strong performance” from wireless, high-speed Internet and digital television next year, the report said. Backed by bundle strategies and “superior customer value proposition”, the division will deploys new IPTV services to customers in its major market of in Winnipeg...