Cable & Telecom

MTS reports big growth in free cash flow while it waits for word on BCE sale

WINNIPEG - Manitoba Telecom Services reported its Q3 results today, showing increases in revenue, cash flow and EBITDA while it patiently waits to hear from the CRTC and the federal government whether or not the announced $3.9 billion acqusition by BCE can move forward."We have made substantial progress on our transformational initiatives in Q3. Having just completed the first year of a three-year program, we have now identified nearly two-thirds of the $100 million in expected free cash flow improvements, and this, combined with our strong operational performance has generated strong year-over-year growth in free cash flow," said Jay Forbes,...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.