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MTS Allstream Reports Growth In Q2 2011 Results

WINNIPEG-based MTS Allstream reported their second quarter results for 2011 on Friday and the results so a strong growth for the quarter with their wireless, broadband and converged IP divisions.

“Our past investments and strong focus on IP technology nationally and on unique bundles of home services in Manitoba contributed to another quarter of solid financial results for both MTS and Allstream,” said Pierre Blouin, Chief Executive Officer. “Based on our strong results in the first half of the year, we are increasing our 2011 financial guidance ranges for revenues, EBITDA and EPS.”

MTS Allstream Q2 2011 Highlights:

  • Allstream delivers strong IP growth with converged IP revenues up 10.6%
  • MTS wireless revenues climb by 9.3% in the first half of 2011, wireless data revenues up 45.5%