Cable / Telecom News

MTS tops 100,000 TV subs

WINNIPEG - Manitoba Telecom Services (otherwise known as MTS Allstream), reported second quarter 2012 net earnings of $44.5 million, down 10.6% compared to the same time frame in 2011. "We made excellent progress on our strategic objectives in the first half of the year, and are in line with our plans for 2012," said Pierre Blouin, MTS Allstream's CEO, in the company’s official release. "Our focus on profitability is generating solid results, with EBITDA growth for both divisions driven by strong performance in MTS's growth lines of business, Allstream's on-net IP sales focus and diligent cost management. "We also welcome...