Ted Rogers Says No To Allstream...for now

Quashing a suggestion that he might bid for MTS Allstream (TSX:MBT), he noted that investment analysts tend to favour acquisitions over large increases in capital spending but “Allstream would cost a huge amount of money, and for a fraction of that - but still a substantial number in terms of capital expenditures - we will go in the business with the newest technologies.”

Rogers Communications triples Q3 net to $154M; stock to split, dividend up

 

Hmmm….. It’s like no one wants to Allstream to the Prom. She’s standing there looking all cutesy, but no takers.

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