MANITOBA TELECOM SERVICES INC. $32 - Toronto symbol MBT

MANITOBA TELECOM SERVICES INC. $32 (Toronto symbol MBT; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 65.7 million; Market cap: $2.1 billion; Price-to-sales ratio: 1.2; Dividend yield: 5.3%; TSINetwork Rating: Average; www.mtsallstream.com) announced that its Allstream division has connected 2,388 buildings in Canada to its fibre optic network. That’s a gain of 299 in the past year. Replacing traditional copper wires with fibre optic cables enhances Allstream’s integrated telephone and Internet services. That makes it easier for the company to attract and retain clients.

Manitoba Telecom is a buy.

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.