MTS looks for Allstream buyer, releases Q2 results

WINNIPEG — With restructuring of its Allstream subsidiary largely complete, Manitoba Telecom Services Inc. says it plans to look for a buyer for Allstream in the second half of this year. The announcement was made Thursday when MTS released its financial results for the second quarter of 2015.Among the financial highlights, MTS announced its consolidated free cash flow in Q2 2015 was $45.4 million, an increase of $13.2 million (41%) from Q2 2014.“The new strategies for MTS and Allstream have been readily embraced by the two organizations, and we have begun to see some encouraging initiatives and early progress as...