TMCnet News

SYMBOL:TSX: MBT
[May 25, 2013]

SYMBOL:TSX: MBT


(Canadian Press Broadcast Wire (Canada) Via Acquire Media NewsEdge) WINNIPEG - Manitoba Telecom Services Inc. (TSX: MBT) has agreed to sell its national telecommunications arm, Allstream, to Accelero Capital Holdings. Winnipeg-based MTS says the deal values Allstream at $520 million. The deal is subject to certain conditions but it's expected to close later this year.

More coming (The Canadian Press) (c) 2013 The Canadian Press

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