MANITOBA TELECOM SERVICES $37.43

MANITOBA TELECOM SERVICES $37.43 (Toronto symbol MBT; Shares outstanding: 78.3 million; Market cap: $2.9 billion; TSINetwork Rating: Average; Dividend yield: 3.5%; www.mts.ca) has attracted a $3.1 billion takeover offer from BCE Inc. (see page 38).

Under the deal, Manitoba Tel shareholders can choose either $40… Read More

Allstream sale pays off

MANITOBA TELECOM SERVICES $37.43 (Toronto symbol MBT; Shares outstanding: 78.3 million; Market cap: $2.9 billion; TSINetwork Rating: Average; Dividend yield: 3.5%; www.mts.ca) has attracted a $3.1 billion takeover offer from BCE Inc. (see page 38).

Under the deal, Manitoba Tel shareholders can choose either $40… Read More

MANITOBA TELECOM SERVICES INC. $32

MANITOBA TELECOM SERVICES INC. $32 (Toronto symbol MBT; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 79.3 million; Market cap: $2.5 billion; Price-to-sales ratio: 2.5; Dividend yield: 4.1%; TSINetwork Rating: Average; www.mts.ca) recently completed the sale of its Allstream division to U.S.-based Zayo Group… Read More

Two more telcos—one a buy

In addition to BCE (see page 21), we also like these two other leading telcos. Both Telus and Manitoba Telecom are doing a good job attracting new customers, and hanging on to their current subscribers. Recent cost-cutting plans should also give them more cash to… Read More

MBT sells Allstream

MANITOBA TELECOM SERVICES INC. $29.57 (Toronto symbol MBT; Shares outstanding: 79.3 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 4.4%; www.mts.ca) has agreed to sell its Allstream division, which offers telephone, Internet and other communication services to businesses across Canada.

Allstream supplies 40%… Read More