Manitoba ’s incumbent telecom operator, MTS AllStream, has made a deal to sell its telephone directory business to Montreal-based Yellow Pages Group, at a price of $281 million.
Phone books won’t look much different, said the MTS AllStream’s president of consumer markets, Calvin Shepherd, who noted that MTS would continue to publish the directories. This means that the 100 or so employees working for the telecom carrier’s media division won’t lose their jobs, at least for the time being.
MTS is just the latest telecom incumbent to sell its yellow pages business, with other carriers taking similar action, both in North America and overseas.
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