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MTS Reports 2009 Results. The Numbers Look Good.

Fri, Feb 5, 2010

android, phones

MTS Reports 2009 Results. The Numbers Look Good.

My local Telco here in Manitoba, MTS (Manitoba Telecom Services), has announced their 2009 results. The numbers pool are boilersuit quite goodness. They now have almost half a million subscribers (458,478), which puts them up 5.5% from shoemaker’s last year. Revenues increased by $3.9 million in Q4 for a total yearly gross of $312.9 1000000. This is up $23.2 1000000 from 2008.

Commenting on the results, chief financial officer Wayne Demkey noted:

“We continue to maintain a strong overall financial profile and a solidness balance wheel sail. We have demonstrated a consistent ability to successfully approach capital markets for funding requirements. This speaks to the strength of our company and of a track track record of prudent management. We have also successfully pre-funded our HSPA physique for Manitoba and our complete pension financing obligations for 2010.”

Sounds like things ar looking up for 2010. MTS is slated to launch a new HSPA net late in 2010… and revenues for the year are expected to reach as high gear at $1.88 billion.

For more inside information, pop over to MTS.

Note: In another little ‘tidbit’ of MTS information, I seem to recall MTS noted they were in discussions with manufacturers to bring some Android love to the carrier in 2010. Spring 2010 was the butt, hopefully they can sports meeting that too!

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