MTS Allstream to Announce Refreshed Strategy

WINNIPEG, Feb. 26, 2015 /CNW/ - (TSX: MBT) Manitoba Telecom Services Inc. ("MTS Allstream" or the "Company") will announce the refreshed strategy resulting from its top-to-bottom strategic review on Thursday, May 7, 2015. 

"We are making good progress in our review and uncovering the hidden gems within the organization," said Jay Forbes, Chief Executive Officer. "We are a great organization that has not met its full potential, and I look forward to sharing our refreshed strategic plans with all our stakeholders in May."

The MTS Allstream executive team will share the refreshed strategic plans with the public in conjunction with its annual general meeting of shareholders and Q1 results.

About Manitoba Telecom Services Inc. (MTS Allstream)

MTS Allstream (trading symbol: MBT) is one of Canada's leading national communications solutions companies, with more than 100 years of experience and approximately 5,000 employees across Canada. Providing full-service telecommunications support for residential and business customers in Manitoba, MTS offers the latest in wireless technology, broadband services, IPTV, voice services, home security, information solutions, and an extensive range of business solutions. Across Canada, Allstream is a leader in IP communications and the only national provider focused exclusively on the business telecommunications market.  MTS Allstream has nearly two million customer connections spanning business customers across Canada and residential consumers throughout Manitoba. The Company's extensive national fibre optic network spans more than 30,000 kilometres. MTS Allstream has been recognized for leadership in social responsibility and governance practices.

MTS Allstream's common shares are listed on the TSX (trading symbol: MBT). For more information about the MTS Allstream group of companies, please visit: www.mtsallstream.com.

Forward-looking Statements Disclaimer

This news release includes forward-looking statements and information (collectively, the "statements") about the Company's strategy, and the Company's corporate direction, business opportunities, operations, financial objectives and future financial results and performance that are subject to risks, uncertainties and assumptions. Actual results in the future may differ materially from any conclusion, forecast or projection in such forward-looking statements. Therefore, forward-looking statements should be considered carefully and undue reliance should not be placed on them. Examples of statements that constitute forward-looking information may be identified by words such as "believe", "expect", "project", "should", "anticipate", "could", "target", "forecast", "intend", "plan", "outlook", "see", "set", "pending", and other similar terms.

Factors that could cause anticipated opportunities and actual results to differ materially include, but are not limited to, matters identified in the "Material assumptions" section and the "Risks and uncertainties" section of the Company's 2014 Annual MD&A and 2014 Annual Information Form, both of which are available on SEDAR at www.sedar.com.

Please note that forward-looking statements reflect Management's expectations as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Manitoba Telecom Services Inc.

Media: Melanie McKague, Corporate Communications, 204-958-3230, [email protected]; Investors: Paul Peters, Investor Relations, 204-941-6178, [email protected]