Cable / Telecom News

MTS hits targets

WINNIPEG – MTS announced Tuesday that it had achieved its 2007 revenue guidance, hit the high end of predicted EBITDA and free cash flow guidance, and exceeded its earnings per share guidance for the fiscal year 2007, ended December 31. In 2007, growth services (wireless, Internet, TV, unified communications) revenues increased by 12.6%, and EPS from continuing operations increased by 15.6%. "These results underline how 2007 marked a turning point for MTS. With the successful execution of the strategy we developed in 2006, we have proven that we can meet the competitive challenges of our industry and we are now...