Diversified Telecommunication Services
Company Overview of Allstream Inc.
Allstream Inc. provides communication solutions for midsized and enterprise businesses, and the public sector in the United States and Canada. The company offers various solutions, including security and risk management, Internet protocol, contact centre, collaboration, digital ink, public sector, radio frequency identification, and storage solutions. It also provides data networks, managed network services, hosting services, Internet access, and voice services; Whole Home personal video recorder (PVR) that enables customers to watch their PVR content from any connected TV; and Allstream Hosted Collaboration Solution, a hosted and managed unified communications and collaboration solution tha...
333 Main Street
P.O. Box 6666
Winnipeg, MB R3C 3V6
Founded in 1980
Key Executives for Allstream Inc.
Chief Financial Officer, Chief Financial Officer of Manitoba Telecom Services Inc., Executive Vice-President of Finance of Manitoba Telecom Services Inc. and Corporate Controller of Manitoba Telecom Services Inc
Compensation as of Fiscal Year 2015.
Allstream Inc. Key Developments
Allstream Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2015; Provides Earnings Guidance for Full Year of 2015
Jul 30 15
Allstream Inc. reported earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported operating revenues of CAD 154.8 million compared with CAD 161.9 million for the same period last year. EBITDA was CAD 11.5 million compared with CAD 24.7 million for the same period last year.
For the six months, the company reported operating revenues of CAD 314.8 million compared with CAD 323.8 million for the same period last year. EBITDA was CAD 31.6 million compared with CAD 52.6 million for the same period last year.
For the full year, the company expects EBITDA before restructuring costs increased 6.5% in quarter due to early impacts from restructuring activities. Year to date EBITDA before restructuring decreased 8.6% due mainly to overall revenue declines. For the full year, the company is expected to be cash flow positive net of restructuring costs.
Allstream Inc. Presents at TD Securities Telecom & Media Forum, Jun-17-2015 12:00 PM
Jun 16 15
Allstream Inc. Presents at TD Securities Telecom & Media Forum, Jun-17-2015 12:00 PM. Venue: Toronto, Ontario, Canada. Speakers: Jay Forbes, CEO.
Government of Canada Chooses Allstream for 7-Year Multi-Million Dollar Contract
May 11 15
Allstream Inc. announced that The Government of Canada, through the work of Shared Services Canada (SSC), has selected the company as one of two suppliers for "GCNet WAN Services - Stream 1." SSC's GCNet WAN will provide IP data communications services to 43 federal government departments and agencies including the RCMP, National Defence, Canada Revenue Agency and Environment Canada. After a rigorous qualifying process that includes meeting current and future bandwidth, security and reliability requirements, Allstream was awarded the business earlier this year. The project was established to consolidate, modernize and streamline the Government's existing 50 wide area networks into a single network service for data and Internet access. Allstream was awarded an initial 1,000 circuits representing a little over 20 % of the total circuits covered by this project. Although not fully determined, the total value of the contract is expected to exceed $100 million, will last through 2022, and could extend to 2025. Implementation planning and preparation is well underway and the first circuits will be deployed later 2015.
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