DBRS affirms Manitoba Telecom

DBRS said that in its confirmation of Manitoba Telecom Services Inc. ratings at BBB and R-2 (high) with a stable trend, the ratings continue to reflect the company's higher business risk relative to its peers.

The agency said that this includes a healthy incumbent business in Manitoba, although this segment faces competition from cable operators and other wireless carriers, and the Allstream national enterprise business, which is highly competitive and is in transition from legacy to IP-based services for national enterprise customers.

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