In July, MTS shareholders ‘overwhelmingly’ approved the proposed $3.9 billion acquisition by BCE. In addition, the Manitoba court also gave the green light for the deal to proceed.
However, other regulatory bodies, including the Competition Bureau, are still seeking feedback on the deal. In the meantime, Bell and MTS are continuing to move forward and have announced plans to expand LTE coverage in Glenboro, Manitoba.
As part of the agreement, Bell promised a five-year, $1 billion commitment to expanding services in the province. For those unfamiliar with Glenboro, it’s a small city about 80km southeast of the City of Brandon, with a population of 646 (according to 2011 Census).
The upgrade will bring additional coverage and speeds to Highway 2 and Highway 5 in the region.
“This much-needed infrastructure upgrade will benefit families, businesses and farmers, as well as the local school and hospital in the town of Glenboro and its surrounding area,” said Patricia Solman, senior vice-president of network and field services at MTS. “And importantly, it also fills existing coverage gaps on Highways 2 and 5, enhancing connectivity and safety along these key transportation routes.”
MTS has 484,021 wireless subscribers according to the company’s latest quarterly earnings.
Related: Bell and MTS plan to expand service in Northern Manitoba following acquisition close
[source]MTS[/source]
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