WINNIPEG, Aug. 25, 2014 /CNW/ - (TSX: MBT) Manitoba Telecom Services Inc. (the "Company", including its two operating subsidiaries "MTS" and "Allstream") today announced that MTS Allstream was the co-recipient of the "Best Overall Governance Award" by the Canadian Society of Corporate Secretaries at the Second Annual Excellence in Governance Awards. The Best Overall Governance Award is presented each year to a company that demonstrates a high level of effectiveness across the three pillars of governance, risk and compliance. The judges assess coordination of governance, compliance, ethics and risk-management processes across the entire corporation including all subsidiaries and consider the level of understanding and integration of good governance principles across all disciplines and a truly non-silo approach to achieving an ethical governance environment.
"This award highlights MTS Allstream's commitment to good governance," said David Leith, the Company's Chair of the Board. "We are proud to be recognized for excellence in implementing best practices that are an important part of our responsibility to our Company's stakeholders."
MTS Allstream has been recognized in the past for good governance practices including by the Globe and Mail's Board Games as the #1 ranked telecommunications provider and by the Canadian Coalition for Good Governance for best disclosure of governance practices (2011).
About 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 approximately 5,000 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 includes 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 13 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 visit www.allstream.com.
Forward-looking Statements Disclaimer
This news release includes forward-looking statements and information (collectively, the "statements") about the Company's governance, business opportunities, operations, financial objectives and 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 or projection in such forward-looking statements. Therefore, forward-looking statements should be considered carefully and undue reliance should not be placed on them. 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 "Material assumptions" section, and the "Risks and uncertainties" section, in the Company's 2013 Annual MD&A and 2013 Annual Information Form, all of which are available on SEDAR at www.sedar.com.
Please note that forward-looking statements reflect Management's expectations as at the date hereof. The Company disclaims 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
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