Cable / Telecom News

Q3 results at MTS Allstream “reflect an organization in transition”

WINNIPEG - In the midst of a transformation at MTS and the planned sale of its Toronto-based Allstream unit, MTS Allstream said late Wednesday that it’s all about free cash flow.For the third quarter ended September 30, 2015, the company said that consolidated free cash flow grew 48% to $45.1 million year-over-year.  Looking ahead, it has identified and actioned $60 to $70 million in annual free cash flow improvements at Allstream and identified another $100 million at MTS, $30 to $40 million of which is being actioned in Q4 2015."The Company is making solid progress on all three of its strategic...