February 10, 2012 11:10am
MTS has announced their Q4 2011 and full year results today. As a regional carrier located in Manitoba they are doing good: they have 57% market share and their wireless subscriber base increase 2.6% from last year to hit 496,432. Revenues increased $28.1 million in 2011 to $356.3 million, up 8.6% in 2010 ($328.2 million). MTS stated in the filing that the major reason for the increase in wireless revenue was because of a higher wireless ARPU (Average Revenue Per User), specifically data. Wireless ARPU was up 4.1% in 2011 to reach $59.66. Overall data revenue increased 46.1% in 2011, special thanks was given to “the release of both the iPhone 4 and later in the year the iPhone 4S have been significant contributors to the increase in data plans”.
MTS officially launched their 4G network on March 31st, 2011 and it seems to be chugging along nicely. Coming this year will be their LTE (Long Term Evolution) network, the company announced plans to bring this to customers back in September, but never said specific locations. Well, Winnipeg and Brandon are the lucky ones. MTS says that they expect “to launch LTE services in Winnipeg and Brandon later this year, but does not anticipate the launch to materially impact MTS’s results in 2012”… so you can also expect Rogers to set up LTE in these areas, too.