Cable / Telecom News

MTS to stay the course

WINNIPEG – A nearly year-long business review by MTS Allstream officially ended today without a big announcement. Speculation has been rife all year long that the company could sell off a piece of itself (national unit Allstream), seek a buyer, or become an income trust, among other potential scenarios. Today, CEO Pierre Blouin said the company can grow and prosper if it stays on its current track of cost-cutting while pursuing growth services such as television. MTS expects continued double-digit growth in wireless, high-speed Internet, digital television, IP connectivity and unified communications. But also continued losses in its traditional voice...