Cable & Telecom

Wireless + digital TV and Internet growth x local Olympian – cost reductions = solid MTS Q1

WINNIPEG – EBITDA and free cash flow grew during the first quarter of 2006 at Manitoba Telecom Services even though overall revenue declined, the company announced Tuesday.Revenues were $488.8 million in the quarter ended March 31 (down from $495.1 million in Q1 2005), EBITDA increased by 4.1% to $165.7 million and free cash flow was 6.9% higher at $69.3 million. Major highlights included: Next generation data connectivity revenues climbed by 54%; Wireless revenues grew by 13.3%; Digital television revenues increased by 48.9%; Wireless customers increased by 11.5%; Digital television customers increased by 46.3%; High-speed Internet customers grew by 19.1%. MTS...
 

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.