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Roblin Review in Roblin, Manitoba

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Roblin Review

Location

Roblin, Manitoba, Canada

Date

Mar 24, 1998

Page

3

Privatization fears prove well founded in Manitoba MTS case

A year after Manitoba Telecom Services began trading, critics’ warnings sound vindicated as privatization appears to benefit private investors over public interests. The MTS group shows 80 percent of parent shares owned by non residents, despite Manitoba roots and cabinet ties. The term competitive is questioned as market pricing shifts.

Manitoba Telecom Services Inc Canada Stock Exchange MTS MTS Inc Winnipeg North America SaskTel

MTS Inc. Pushes Higher Rates to Boost Investor Returns

Commentary argues MTS Inc. raises telephone rates to protect investor returns after privatization. Despite record profits $84.7 million in the first year, the company claims a 36.4 million shortfall, aided by a tax write-off that benefits shareholders and keeps rates lower than feared. The piece notes higher debt and tax costs under private ownership versus public operation.

MTS Inc CRTC MTS

Shellmouth Reservoir Outflows Raised Amid El Nino Prospects

Reservoir outflows at Shellmouth have increased from 200 to 500 cu ft/s to capitalize on stronger spring runoff potential. The Shellmouth Reservoir Regulation Liaison Committee has kept levels high to secure water for downstream users next summer, aiming for about 12 feet higher than the past two years before spring runoff. As of March 16 the level stood at 1399.5 feet, near the dam’s historic late winter high.

Shellmouth Shellmouth Reservoir Steven Topping Brandon

Also Mentioned on This Page

MTS Mobility C¢Com Dauphin Dauphin Marketplace Roblin Main Street Russell Swan River Mobility SRRLC
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