Allstream's IP fibre network expansion program continues to generate strong IP sales momentum throughout the fourth quarter
Stock Symbol: MBT
TORONTO, Jan. 25, 2012 /CNW/ - MTS Allstream today said that its focus on expanding its IP fibre network into targeted markets across Canada continued to generate strong new sales wins with 46 new IP contracts signed in the fourth quarter of 2011.
"Our sales progress speaks to the continued popularity of IP-based services in the business telecommunications market in Canada," said Dean Prevost, President, Allstream. "We look forward to transitioning into the New Year with the same momentum."
In support of its objectives of winning high-margin on-net business and driving growth in IP services, Allstream is expanding its IP fibre access into buildings across Canada. Allstream has connected 299 buildings since the beginning of 2011, including 75 in the fourth quarter, bringing Allstream's total number of fibre-fed building's to 2,388 as of December 31, 2011.
Some of the customers that signed contracts to connect to Allstream's 30,000 kilometre IP fibre network in the fourth quarter of 2011 include Ad knowledge, Caltech Surveys, TEOPS Canada Corporation, dys architecture, Trispec Communications, Heathbridge Capital Management, Vivonet Canada, IBI Group, Voyer Marketing & Associés and World Trade Group (North America).
About Allstream
Allstream is Canada's all-business communications provider, focusing and delivering on the business customer's solutions. For more information on Allstream services and solutions, please visit our website at www.allstream.com.
Allstream is a subsidiary of Manitoba Telecom Services Inc. (MTS Allstream). 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 5,500 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. 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 are encouraged to visit: www.mtsallstream.com.
Forward-looking Statements Disclaimer
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 statements. Examples of statements that constitute forward-looking information may be identified by words such as "believe", "expect", "project", "should", "anticipate", "could", "target", "forecast", "intend", "plan", "outlook", "see", "set", "pending", and other similar terms.
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.
Media:
Kristin Foster
Corporate Communications
(416) 644-2411
[email protected]
Share this article