MBT expands its offerings

Article Excerpt

MANITOBA TELECOM $32.55 (Toronto symbol MBT; Shares outstanding: 67.8 million; Market cap: $2.2 billion; TSINetwork Rating: Average; Dividend yield: 5.2%; www.mts.ca) has paid an undisclosed sum for privately held EPIC Information Solutions. Winnipeg-based EPIC provides computer and networking services to over 700 businesses in Manitoba and Saskatchewan. Its expertise will help Manitoba Telecom offer more communication services to its business clients, particularly in the fast-growing field of cloud computing. EPIC’s existing management and staff will remain with the company, which will operate as a separate, wholly owned subsidiary of Manitoba Telecom. Manitoba Telecom is a buy. buy…

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