Cable / Telecom News

MTS TV revenue will double this year: Fraser

QUEBEC CITY – Manitoba Telecom Services’ digital television division will see its 2005 revenue increase by a factor of two, says company CEO Bill Fraser. The outgoing chief executive told the CIBC World Markets investors conference on Friday that MTS TV will bring in $22 million in revenue in 2005, twice what the service earned in 2004.“We’re extremely pleased with the results,” he said. Looking back at its launch in 2003, Fraser pointed out – when asked if MTS can make a profit on its TV service – that the company took its fair share of lumps from a public...