Looking to renew its focus on what it says are its core business offerings such as unified communications and converged IP services, MTS Allstream has reached a deal to sell its professional IT services consulting group to PricewaterhouseCoopers Canada.
Although neither company would reveal the financial terms of the deal, effective on Feb. 1, PricewaterhouseCoopers Canada will acquire the majority of MTS Allstream's non-telecom IT consulting group, which currently has 180 employees and has about $50 million in yearly sales.
"As customers continue to migrate to IP-based services, we are refining our market focus to create more innovative IP solutions while reducing our cost structure yet allowing for IT consulting to remain part of our broader toolkit for customers," said Dean Prevost, President Enterprise Solutions, MTS Allstream in a release.
And while MTS Allstream may be selling off its IT consulting business to PwC Canada, the two companies aren't saying goodbye after the deal is finalized. Instead, they have formed an alliance where PwC customers that need telecom services will be referred to MTS Allstream, while MTS Allstream customers that need non-telecom IT services will be referred to PwC.
For more:
- see the release here
- The Canadian Press has this article
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