Topic: How To Invest
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 the company’s wireless networks.
Manitoba Telecom is a hold.
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