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MTS to Sell Allstream Subsidiary

Christine Persaud 05/24/2013 09:22:42 AM EST in Cellular / Wireless

MTS to Sell Allstream Subsidiary

Manitoba Telecom Services Inc. (MTS) has concluded its strategic review that considers selling its Allstream subsidiary to an investment and management group focused on telecommunication, digital media and technology, and co-founded by Naguib Sawiris. Sawiris, who also serves as Non-Executive Chairman, was the driving financial force behind WIND Mobile's entrance into Canada.

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