MTS Allstream and Radiant Communications Announce National Broadband Network
Investment Agreement
New high reliability broadband service within reach of more than 300,000 Canadian businesses when fully deployed
"This new service agreement with MTS Allstream will allow more than 300,000 Canadian businesses to benefit from bandwidth intensive IP-based data communications allowing them to compete more effectively," said
The long term Network Investment Agreement outlines how Radiant and MTS Allstream will combine resources to offer a new type of broadband service to businesses. More than 300,000 Canadian business locations across the country will be within the planned service area once the technology is fully deployed. The new services from Radiant and MTS Allstream will allow businesses to cost effectively move up from traditional T1 and DSL services to the type of speed and reliability that today is only available to extremely large users connected to fibre networks. The services will facilitate the transition to cloud-based applications, new inexpensive voice services, remote back up and disaster recovery protection, and off site server capacity. This unique and innovative broadband service, proven in
"Through this strategic and efficient investment with Radiant that substantially extends our broadband network footprint, we will be able to serve the needs of many Canadian businesses for services which require high bandwidth delivered in an economical fashion. This innovative approach allows MTS Allstream to improve its self supply Ethernet capability to its business customers of all sizes," said
Radiant and Allstream have a deployment plan in place with service available in the
ABOUT MTS ALLSTREAM
MTS Allstream is a wholly-owned subsidiary of Manitoba Telecom Services Inc. As one of Canada's leading national communication solutions companies, MTS Allstream provides innovative communications for the way Canadians want to live and work today. The Company has more than 100 years of experience, with 6,000 employees across
ABOUT RADIANT COMMUNICATIONS
In operation since 1996, the company currently serves over 20,000 business locations in
Headquartered in
Broadband Solutions for Business and AlwaysThere are registered trademarks of Radiant Communications Corp. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant and MTS Allstream, which involve risks and uncertainties. These risks and uncertainties may cause Radiant and MTS Allstream's actual results to differ materially from those contemplated by the forward-looking statements. Factors that might cause or contribute to such differences include, among others, competitive pressures, the growth rate of the Internet and telecommunications concerns, constantly changing technology and market acceptance of Radiant and MTS Allstream's products and services. Investors are also directed to consider the other risks and uncertainties discussed in Radiant's and MTS Allstream's required financial statements and filings. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information: MTS Allstream: Media: Greg Burch, MTS Allstream Corporate Communications, (416) 345-3576, (204) 941-8576, [email protected]; Investors: Paul Peters, MTS Allstream Investor Relations, (204) 941-6178, [email protected]; Radiant: Investors and Media: Chuck Leighton, CFO, Radiant, (604) 692-4531, [email protected]; David Feick, Investor Relations, The Equicom Group, (403) 218-2839, [email protected]
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