Company honoured with market open ceremony for good governance practices
Stock Symbol: MBT
WINNIPEG, Feb. 22, 2012 /CNW/ - Tomorrow, Manitoba Telecom Services Inc.
(the "Company" or "MTS Allstream") will officially open trading on
Toronto Stock Exchange, sounding the siren to kick off the morning's
transactions. Members of MTS Allstream's Board of Directors and
executive committee will join Chief Executive Officer, Pierre Blouin,
to participate in this longstanding tradition.
TMX Group invited MTS Allstream to this special market open ceremony as
a result of its 2011 Governance Gavel Award from the Canadian Coalition
for Good Governance, presented to the Company last summer.
"In this era of increased scrutiny on publicly traded companies, we are
proud to be recognized as a leader in adopting best practices," said
Pierre Blouin, Chief Executive Officer. "I see this award as a
reflection of the importance MTS Allstream puts upon clear public
disclosure and good governance. It is our mission to constantly engage
with our shareholders and continue that dialogue."
MTS Allstream received this national award for its clear and effective
public disclosure and leading governance practices. Last year, the
Company completed a comprehensive review that saw the development of a
revised compensation program for its senior executives and a
significantly enhanced proxy circular, resulting in a more robust
Tomorrow's ceremony begins at 9:30 a.m. ET and will be available on www.tmx.com later that morning.
For Market Openings: Media may pick up a feed from the TOC (television
operations centre) for all market open ceremonies. The feed is named
TSX Transmit 2 and is produced at the TMX Broadcast Centre and sent
live to the TOC. Those featured in the market opening move into
position for the market open ceremony at approximately 9:27 a.m. and
the markets will open with the sound of a siren (the traditional market
open on Toronto Stock Exchange) at 9:30 a.m. ET.
Manitoba Telecom Services Inc. (MTS Allstream)
MTS Allstream is one of Canada's leading national communication
solutions companies, providing innovative communications for the way
Canadians live and work today. The Company has more than 100 years of
experience, with 5,500 employees across Canada. MTS Allstream's
business is dynamic and consists of two operating divisions. In
Manitoba, MTS is the leading full-service telecommunications provider
for residential and business customers. MTS's suite of services include
the latest in wireless technology, broadband services, IPTV, voice
services, home security, and an extensive range of business solutions.
Across Canada, Allstream is a leader in IP communications and is the
only national provider that focuses exclusively on the business
telecommunications market. MTS Allstream has nearly two million
customer connections spanning business customers across Canada and
residential consumers throughout the province of Manitoba. The
Company's extensive national fibre optic network spans more than 30,000
kilometres. MTS Allstream has spent 11 consecutive years on the Jantzi
Social Index for leadership in social responsibility and is the
recipient of the 2011 Governance Gavel Award from the Canadian
Coalition for Good Governance, recognizing clear and effective public
disclosure and leading governance practices. MTS Allstream's common
shares are listed on the TSX (trading symbol: MBT). Customers,
stakeholders and investors who want to learn more about MTS Allstream
are encouraged to visit: www.mtsallstream.com. For more information about MTS's products and services, please visit www.mts.ca. For more information about Allstream's products and services, please
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This news release includes forward-looking statements and information
(collectively, the "statements") about our corporate direction,
business opportunities, operations, financial objectives, planned
activities, future financial results and performance that are subject
to risks, uncertainties and assumptions. As a consequence, actual
results in the future may differ materially from any conclusion,
forecast, anticipation or projection in such forward-looking
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"project", "should", "anticipate", "could", "target", "forecast",
"intend", "plan", "outlook", "see", "set", "pending", and other similar
Factors that could cause anticipated opportunities and actual results to
differ materially include, but are not limited to, matters identified
in the "Risks and Uncertainties" section and elsewhere in our most
recent annual MD&A and any subsequent quarterly MD&As, as well as our
most recent Annual Information Form, all of which are available on
SEDAR at www.sedar.com.
Please note that forward-looking statements reflect our expectations as
at the date hereof. We disclaim any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise except as required by law.
SOURCE MTS Allstream Inc.
For further information:
MTS Allstream Corporate Communications
MTS Allstream Investor Relations