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News | 09/29/2005 4:00 am EDT

Bill Fraser will retire as CEO of Manitoba Telecom Services Inc. next year, the company has announced. After more than 10 years in the top job at MTS, Fraser has decided to spend more time with his family. During his tenure, he helped transform the provincial incumbent telephone company into the third largest telco in the country behind only BCE Inc. and TELUS Corp. One of his major accomplishments was the $1.7 billion acquisition of Allstream Inc., which thrust the company onto the national scene.

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