MTS posts CAD6.7 million second quarter loss

16 Aug 2004

Manitoba Telecom Services (MTS) reported a loss of CAD6.7 million (USD5.09 million) in the second quarter of 2004, compared to a profit of CAD24 million in the year ago period. Revenues, however, jumped to CAD314 million in the three months ended 30 June 2004, from CAD217 million a year earlier. During 2Q MTS completed its CAD1.7 billion acquisition of Allstream (formerly known as AT&T Canadagiving the telco access to Allstream’s 19,000km fibre-optic network which serves business customers across the country.



Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.