Cable & Telecom

No successor for Blouin revealed as Q3 profits climb 44.9% at MTS Allstream

WINNIPEG – MTS Allstream saw third quarter profits climb 44.9% year-over-year on the strength of broadband growth at MTS and double-digit IP growth at Allstream.For the period ended September 30, 2014, consolidated revenues of $402.4 million were down 1.5% from $403.3 million in Q3 2013.  The company said that this was mostly due to Allstream legacy revenue declines, along with wireless wholesale declines and lower wireless voice revenues, partly offset by strong revenue growth from converged IP, broadband, wireless data and EPIC Information SolutionsConsolidated EBITDA of $140.1 million decreased 1.8% from $142.5 million year-over-year.  Declines in Allstream legacy services, lower...
 

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.