No deal for MTS

MANITOBA TELECOM SERVICES INC. $29.44 (Toronto symbol MBT; Shares outstanding: 67.8 million; Market cap: $2.0 billion; TSINetwork Rating: Average; Dividend yield: 5.8%; www.mts.ca) is down over 9% since the federal government’s October 8, 2013, decision to block the company’s recent deal to sell its Allstream… Read More

MANITOBA TELECOM $33.90 – Toronto symbol MBT

MANITOBA TELECOM $33.90 (Toronto symbol MBT; Shares outstanding: 67.8 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.mts.ca) recently sold its Allstream subsidiary for $405 million in a deal that closes later this year.

Without Allstream, Manitoba Tel earned $28.2 million, or $0.42… Read More

Big payoff for Manitoba Tel

MANITOBA TELECOM $33.90 (Toronto symbol MBT; Shares outstanding: 67.8 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.mts.ca) recently sold its Allstream subsidiary for $405 million in a deal that closes later this year. Without Allstream, Manitoba Tel earned $28.2 million, or… Read More

Takeover looks possible

MANITOBA TELECOM SERVICES INC. $33.45 (Toronto symbol MBT; Shares outstanding: 66.7 million; Market cap: $2.2 billion; TSINetwork Rating: Average; Dividend yield: 5.1%; www.mts.ca) gets 55% of its revenue from its MTS division, which has over 1.3 million telephone and wireless customers in Manitoba.

The remaining 45%… Read More

New rules a plus for Manitoba Tel

The Canadian government recently decided to remove foreign ownership limits on telecom companies with less than a 10% market share. That’s a big plus for Manitoba Tel, because it will help it expand its partnerships with U.S. firms like AT&T, which already uses Manitoba Tel’s… Read More