February 5, 2008 / 7:39 PM / in 10 years

MTS profit rises as Web, digital TV drive revenues

TORONTO, Feb 5 (Reuters) - Manitoba Telecom Services Inc MBT.TO, the regional telecom company mulling a national push into the wireless market, said on Tuesday its fourth-quarter profit from its operations rose due to a 15 percent rise in revenue from growth services such as high-speed Internet, digital TV and Web-based communications.

MTS said it had earnings from continuing operations of 62 Canadian cents a share for the three months ended Dec. 31. That was up from 57 Canadian cents per share a year earlier.

Basic earnings per share, which include non-cash future tax adjustments and other items that aren’t part of the company’s continuing operations, dropped to 22 Canadian cents per share from C$3.18 in the same period last year.

$1=$1.01 Canadian Reporting by Wojtek Dabrowski; Editing by Peter Galloway

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