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TAGGED AS JAY FORBES

Bell-MTS acquisition completed

telecom | 03/17/2017 4:12 pm EDT

The purchase of Manitoba Telecom Services Inc. by BCE Inc. has officially closed, Bell said in a press release Friday. “Uniting the local and national strengths of MTS and Bell Canada, the new Bell MTS will bring unprecedented investment and innovation in broadband communications to Manitoba, including the rollout of next-generation Fibe services and Canada's fastest-ranked wireless network,” the release said. Following the departure of former MTS CEO Jay Forbes, Bell has appointed Dan McKeen to lead the company as vice-chair of Bell MTS and Western Canada. McKeen will keep his existing role as senior vice-president of small business, while CFO Glen LeBlanc will take over McKeen’s former role as vice chair of Bell Aliant. The company also said it has officially launched LTE service in...

Jay Forbes leaving MTS

Media | 03/03/2017 9:24 pm EST

Manitoba Telecom Services Inc.'s president and CEO will leave the company following the closing of its acquisition by BCE Inc. MTS said in a press release Friday that Jay Forbes will leave after the deal closes on March 17. The $3.9 billion acquisition received final approval in February. "With the arrival of the new Bell MTS combination, the time will be right for me to move on and pursue new opportunities," Forbes said in the press release. He has been with the company since January 2015, the release said. "Under his leadership, MTS brought increased value and service to our customers, delivered more than $1 billion of value to shareholders and secured vital investments in the future of our province and communities,” MTS board of directors chairman David Leith said in...

MTS improves wireless churn, but still feeling double-cohort effect

telecom | 08/04/2016 8:26 pm EDT

Manitoba Telecom Services Inc. said it made improvements to its post-paid wireless churn for the third consecutive quarter, though its total wireless subscribers were still down from a year ago,...

MTS considered SaskTel merger, Telus and Rogers declined to bid

telecom | 06/02/2016 9:07 pm EDT

An information package for Manitoba Telecom Services Inc. shareholders sheds some light on the genesis of the proposed $3.9-billion acquisition of the company by BCE Inc., announced May 2. According...

Experts say approval of Bell’s MTS acquisition likely

telecom | 05/02/2016 2:12 pm EDT

BCE Inc. announced Monday morning that it will purchase Manitoba Telecom Services Inc. in a $3.9 billion transaction that, if approved, will see the number of players in Manitoba’s telecom...

MTS completes sale of Allstream to Zayo

Media | 01/15/2016 2:29 pm EST

Manitoba Telecom Services Inc. announced Friday it has completed the sale of Allstream, its business communication division, to Boulder, Colo.-based Zayo Group Holdings Inc. MTS said in a news release that the deal, announced in...

MTS expands HSPA, LTE network in Manitoba

Media | 01/13/2016 4:51 pm EST

Manitoba Telecom Services Inc. announced Wednesday it has expanded its HSPA and LTE network to Piney, Man., which is located about two hours driving south of Winnipeg. MTS CEO Jay Forbes said in a press release that the expansion was part of its $1-billion investment done over the past five years to ensure Manitoba has access to communication and information technology services. "The Piney expansion adds to the MTS wireless network which now covers 98 per cent of the population in Manitoba,” Forbes added in the release. "In those communities where it's not...

Forbes downplays potential MTS selloff after Allstream deal

telecom | 11/23/2015 9:38 pm EST

Manitoba Telecom Services Inc. CEO Jay Forbes on Monday downplayed the likelihood that the whole company could be sold in the wake of a deal to unload its business communications division, Allstream....

MTS puts LTE in 2 more rural communities

telecom | 09/16/2015 2:59 pm EDT

Manitoba Telecom Services Inc. said Wednesday it has brought LTE to two more rural communities, making for 30 non-urban areas that have received this level of service so far this year. MTS said in a press release that the two new...

MTS opens data centre

telecom | 09/14/2015 4:47 pm EDT

Manitoba Telecom Services Inc. announced Monday it has opened a new $53-million data centre in Winnipeg. MTS’ CEO Jay Forbes said in the press release that the data centre offers reliable, secure and flexible IT solutions to customers that are trying to grow their business. “This is...

Kelvin Shepherd stepping down from MTS

telecom | 06/29/2015 8:59 pm EDT

Kelvin Shepherd is retiring as president of Manitoba Telecom Service Inc., paving the way for Jay Forbes to take on the roles of both chief executive and president, the company said Monday. Forbes became CEO at the start of this...

Jay Forbes to become MTS chief executive

telecom | 11/17/2014 3:25 pm EST

Manitoba Telecom Services Inc. said Monday that Jay Forbes will replace Pierre Blouin as chief executive. It said in a press release that Forbes will assume the role on Jan. 1, one day after Blouin retires. Blouin's pending...