The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

Allstream's IP fibre network expansion program continues to generate strong IP sales momentum

Tuesday, October 18, 2011

Allstream's IP fibre network expansion program continues to generate strong IP sales momentum16:40 EDT Tuesday, October 18, 2011Stock Symbol:  MBTTORONTO, Oct. 18, 2011 /CNW/ - MTS Allstream today said that its focus on expanding its IP fibre network into targeted markets across Canada continued to generate strong new sales wins with 52 new IP contracts signed in the third quarter of 2011. The sales progress speaks to the continued popularity of IP-based services in the business telecommunications market in Canada and Allstream's strong position to meet this demand.In support of its objectives of winning high-margin on-net business and driving growth in IP services, Allstream is expanding its IP fibre access into buildings across Canada.  Allstream has connected 224 buildings since the beginning of 2011, including 102 in the third quarter, bringing Allstream's total number of fibre-fed building's to 2,313 as of September 30, 2011."Allstream's success in the IP market is largely driven by the growth of our fibre network in major urban centres across Canada. We are pleased that our strong IP sales momentum has continued throughout the third quarter, which reflects the success of our strategy of focusing on mid-market on-net sales," said Dean Prevost, President of Allstream.Some of the customers that signed contracts to connect to Allstream's 30,000 kilometre IP fibre network in the third quarter of 2011 include ADGA Group Consultants, Ipsos-Reid, Lexman Management Services, Livingston International, Maple Lake, Medipac International, Mindshark Marketing, Quantum Financial Services (Canada), Tecsys, Camilion Solutions and Carfinco.About Allstream Allstream is Canada's all-business communications provider, focusing and delivering on the business customer's solutions.  For more information on Allstream services and solutions, please visit our new and improved website at www.allstream.com.Allstream is a division of MTS Allstream Inc., a wholly-owned subsidiary of Manitoba Telecom Services Inc. As one of Canada's leading national communication solutions companies, MTS Allstream provides innovative communications for the way Canadians want to live and work today. The Company has more than 100 years of experience, with 5,500 employees across Canada dedicated to a mission of delivering true value as seen through the eyes of our customers. MTS Allstream has nearly two million total customer connections spanning business customers across Canada and residential consumers throughout the province of Manitoba. The Company's extensive national broadband and fibre optic network spans almost 30,000 kilometres. Manitoba Telecom Services Inc.'s common shares are listed on Toronto Stock Exchange (trading symbol: MBT). Customers, stakeholders and investors who want to learn more about MTS Allstream are encouraged to visit: www.mtsallstream.com.Forward-looking Statements Disclaimer This news release includes forward-looking statements and information (collectively, the "statements") about our corporate direction, business opportunities, operations, financial objectives,  planned activities, 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, anticipation or projection in such forward-looking statements.  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 "Risks and Uncertainties" section and elsewhere in our most recent annual MD&A and any subsequent quarterly MD&As, as well as our most recent Annual Information Form, all of which are available on SEDAR at www.sedar.com.Please note that forward-looking statements reflect our expectations as at the date hereof.  We disclaim 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.For further information: Media:          Kristin Foster Corporate Communications (416) 644-2411 (647) 501-3158 media.relations@mtsallstream.com