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  1. Federal Gov't Denies MTS Sale of Allstream Over Security Reasons

    Industry News
    The federal government ruled that MTS cannot sell its Allstream division to Accelero Capital Holdings because it would violate national security. MTS had signed an agreement in May to sell the business for $520 million to the Egyptian investment firm, which had a previous ownership stake in...
  2. MTS To Sell Allstream to Accelero Capital for $520M

    Industry News
    Accelero Capital Holdings has agreed to purchase the Allstream business unit from Manitoba Telecom Services (MTS). The transaction values Toronto-based Allstream, formerly AT&T Canada, at $520 million. Allstream provides enterprise-focused communications solutions to more than 50,000...