Allstream adds nearly 300 fiber-fed buildings to network in Q4 2011

MTS Allstream (Toronto: MBT.TO) continued make good on its aggressive fiber buildout throughout 2011 and into 2012 as a way to attract more business customers.

In 2011, the service provider added 299 buildings to its network, including 75 in Q4, bringing its total number of on-net fiber-fed buildings to 2,338 as of the end of December.  

This aggressive buildout has paid off as the service provider reported that it signed 46 new service contracts that are buying services delivered on its network.

Among some of the customers that signed onto MTS Allstream's network include Ad knowledge, Caltech Surveys, TEOPS Canada Corporation, dys architecture, Trispec Communications, Heathbridge Capital Management, Vivonet Canada, IBI Group, Voyer Marketing & Associés and World Trade Group (North America).

While it has not announced its Q4 2011 earnings yet, converged IP services were a major seller for MTS Allstream in 2011. During Q3 2011, converged IP revenues rose 9.8 percent to CAD 59.4 million (USD 58.3 million), a figure that makes up almost 30 percent of Allstream's total revenue mix

For more:
- see the release

Special report: Wireline in the fourth quarter 2011

Related articles:
Allstream lights up 100G network with Ciena
MTS Allstream: Q3 IP service revenue gains offset by legacy service declines
MTS Allstream's Q2 earnings improve, driving increase in 2011 revenue guidance
Allstream signs 60 new IP-based business contracts in Q2

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