New Trust Rules Help Manitoba Tel

MANITOBA TELECOM SERVICES INC. $44 (Toronto symbol MBT; Conservative Growth Portfolio, Utilities sector; SI Rating: Average) earned $0.52 a share from continuing operations, down 14.8% from $0.61 a year earlier. If you disregard restructuring costs, profits grew slightly. Revenue fell 5.9%, to $477.9 million from… Read More

Manitoba Telecom Services $49 – Toronto symbol MBT

MANITOBA TELECOM SERVICES INC. $49 (Toronto symbol MBT; Conservative Growth Portfolio, Utilities sector; SI Rating: Average) is the leading provider of telecom services in Manitoba, with 1.8 million customers. It also provides telecom services to businesses across Canada through its MTS Allstream division.

Manitoba Tel acquired… Read More

Cost Savings Should Help Maintain Dividend

MANITOBA TELECOM SERVICES INC. $47 (Toronto symbol MBT; Conservative Growth Portfolio, Utilities sector; SI Rating: Average) fell to $37 in February 2006 over fears that losses from its Allstream business telecom unit would force it to cut its $2.60 dividend, which yields 5.5%.

But the stock… Read More

Manitoba Tel’s Dividend Safe For Now

MANITOBA TELECOM SERVICES INC. $46 (Toronto symbol MBT; Conservative Growth Portfolio, Utilities sector; SI Rating: Average) provides local, long distance and wireless communication services to 1.8 million customers in Manitoba.

In 2004, the company acquired Allstream Inc., a national provider of telecom services to businesses, as… Read More

Profits Up At Manitoba Tel

MANITOBA TELECOM SERVICES $46 (Toronto symbol MBT; SI Rating: Average) moved up recently after reporting improved profits in the latest quarter. The company is the main provider of local, long distance, wireless and online services in Manitoba.

In the three months ended March 31, 2006, Manitoba… Read More

This Dividend Seems Safe for Now

MANITOBA TELECOM SERVICES INC. $39 (Toronto symbol MBT; SI Rating: Average) earned $0.22 a share (total $14.6 million) in the fourth quarter of 2005, down 65.1% from $0.63 a share ($42.3 million) a year earlier. However, if you disregard unusual items, per-share profits fell 12.2%,… Read More

How to Balance Your Telcos

While telephone companies already have learned to live with long-distance competition, they now face local competition as well. New technologies such as Voice-over- Internet Protocol (VoIP) are a threat to BCE and Manitoba Tel in both long-distance and local service.

We think both companies will prosper… Read More

Our Two Top Telephone Company Buys

BCE INC. $28 (Toronto symbol BCE; SI Rating: Above-Average) provides local and long distance telephone service to customers throughout Ontario and Quebec. Other services offered by the company include wireless communications, direct-to-home satellite television, Internet access and e-commerce. BCE also owns 68.5% of Bell Globemedia,… Read More

This High Yield Faces Less Tax & Less Risk

MANITOBA TELECOM SERVICES INC. $40 (Toronto symbol MBT; SI Rating: Average) has unveiled a major restructuring, including cutting its workforce by 12%, mainly at its Allstream business communication subsidiary. That should help the company cope with lower revenue from two of Allstream’s former owners, who… Read More