Stock Symbol: MBT
TORONTO, July 29 /CNW/ - The targeted expansion of Allstream's national IP fibre network is continuing to bring solid returns with 46 new contracts won in the second quarter. These wins are continuing to add sales momentum to Allstream's fibre expansion program and leverage the popularity of IP-based products in the Canadian business marketplace.
"The capabilities of our Allstream IP fibre network are significant and this expansion is allowing us to reach more customers in a cost-effective fashion. Based on the long sales cycles of the Enterprise market, these sales should positively support our 2011 IP plans," said Dean Prevost, President, Allstream. "The success of this investment is based on a very focused approach that reflects the strengths of Allstream's IP product suite and will enhance our on-net customer presence. We are excited by the success we are seeing so far, which reflects strong IP services needs by customers in our markets."
Customers who will benefit from Allstream's national IP fibre network thanks to these wins include Moblicity, XO Communications, Frontline Technologies, Design Group Staffing Inc. At the end of the second quarter Allstream has earned 54 new IP contracts through this initiative, including multiple sales in the same connected buildings as well as a further 35 wins in Allstream's collocation footprint.
Allstream is a business unit of MTS Allstream Inc., a wholly-owned subsidiary of Manitoba Telecom Services Inc. As one of Canada's leading national communication solutions companies, MTS Allstream provides innovative communications for the way Canadians want to live and work today. The Company has more than 100 years of experience, with 6,000 employees across Canada dedicated to a mission of delivering true value as seen through the eyes of our customers. MTS Allstream has nearly two million total customer connections spanning business customers across Canada and residential consumers throughout the province of Manitoba. The Company's extensive national broadband and fibre optic network spans almost 30,000 kilometres. MTS Allstream is a proud sponsor of Cindy Klassen, 2006 World Champion and Canada's greatest Olympian, and a proud contributor to the Canadian Museum for Human Rights. Manitoba Telecom Services Inc.'s common shares are listed on Toronto Stock Exchange (trading symbol: MBT). Customers, stakeholders and investors who want to learn more about MTS Allstream services, markets, community commitments and record of creating shareholder value are encouraged to visit: www.mtsallstream.com.
SOURCE MTS Allstream
For further information: For further information: Media: Laura Dickie, MTS Allstream Corporate Communications, (416) 345-3576, (204) 941-8181, firstname.lastname@example.org; Investors: Paul Peters, MTS Allstream Investor Relations, (204) 941-6178, email@example.com