MBT sells Allstream

MANITOBA TELECOM SERVICES INC. $29.57 (Toronto symbol MBT; Shares outstanding: 79.3 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 4.4%; www.mts.ca) has agreed to sell its Allstream division, which offers telephone, Internet and other communication services to businesses across Canada.

Allstream supplies 40%… Read More

The Successful Investor Hotline – Friday, November 27, 2015

MANITOBA TELECOM SERVICES INC., $30.24, Toronto symbol MBT, has agreed to sell its Allstream division, which sells telephone, Internet and other communication services to businesses across Canada.

Allstream supplies 40% of Manitoba Telecom’s revenue. The remaining 60% comes from its MTS division, which has 1.3… Read More

MANITOBA TELECOM SERVICES INC. $29.57 – Toronto symbol MBT

MANITOBA TELECOM SERVICES INC. $29.57 (Toronto symbol MBT; Shares outstanding: 79.3 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 4.4%; www.mts.ca) has agreed to sell its Allstream division, which offers telephone, Internet and other communication services to businesses across Canada.

Allstream supplies 40% of… Read More

Manitoba Telecom Services Inc. $29 – Toronto symbol MBT

MANITOBA TELECOM SERVICES INC. $29 (Toronto symbol MBT; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 78.9 million; Market cap: $2.3 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.5%; TSINetwork Rating: Average; www.mtsallstream.com) has expanded its recent restructuring plan, under which it is cutting 25%… Read More

High p/e’s keep these utilities on hold

These two utilities are using different strategies to boost their earnings: Enbridge is investing heavily in new pipelines, while Manitoba Telecom is cutting costs at its struggling Allstream unit.

We feel both firms will ultimately succeed, and their future growth will give them more cash… Read More

MANITOBA TELECOM SERVICES INC. $29 – Toronto symbol MBT

< p> MANITOBA TELECOM SERVICES INC. $29 (Toronto symbol MBT; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 78.9 million; Market cap: $2.3 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.5%; TSINetwork Rating: Average; www.mtsallstream.com) gets 60% of its revenue from its MTS division, which… Read More

MANITOBA TELECOM $28.74 – Toronto symbol MBT

MANITOBA TELECOM $28.74 (Toronto symbol MBT; Shares outstanding: 78.9 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 4.5%; www.mts.ca) has acquired AWS-1 radio frequencies (or spectrum) in Manitoba from rival wireless carrier WIND Mobile.

The $45-million purchase will boost the speed and capacity of… Read More

Updating Manitoba Telecom, Encana and Power Corp.

MANITOBA TELECOM $28.74 (Toronto symbol MBT; Shares outstanding: 78.9 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 4.5%; www.mts.ca) has acquired AWS-1 radio frequencies (or spectrum) in Manitoba from rival wireless carrier WIND Mobile.

The $45-million purchase will boost the speed and capacity… Read More

MANITOBA TELECOM SERVICES INC. $29 – Toronto symbol MBT

MANITOBA TELECOM SERVICES INC. $29 (Toronto symbol MBT; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 78.9 million; Market cap: $2.3 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.5%; TSINetwork Rating: Average; www.mtsallstream.com) has acquired AWS-1 radio frequencies (or spectrum) in Manitoba from rival… Read More