Tried to post this yesterday but couldn't post. Just taking the time to do it now.
Saw the new CEO on TV today, Sunday.(Husband was channel flicking so not sure of channel, either CNN or Newsweek) Caught the tail end. They are
focusing on growth technology now while maintaining their current level of Telecommunications(believe it is 80% of market share in the maritimes). I'm doing
this by memory so do your own DD. 3 yrs was the time frame and I think I heard the figure 85% of new business will be national. I am hoping
AIT will be accepted well. BRR didn't have an analyst following until just before the split. I'm hoping AIT has better coverage.
newswire.ca
Aliant President and CEO Stephen Wetmore addressed the strengths of the
new technology company. ''Aliant is a group of advanced technology companies,
focused on growth, strategic expansion, and shareholder value. Our new company
has a solid financial foundation, the size, scope and growth strategies to
become a significant player in North America's telecommunications and
information technology industries,'' Mr. Wetmore said. ''It will deliver
superior services to our customers; it will provide satisfying careers for our
employees; it will offer rewards for shareholders; and it will be a positive
force for growth.''
Aliant will be the third-largest incumbent telecommunications company in
Canada, the second-largest Canadian-owned IT group, and one of the largest
mobile satellite services companies in North America.
''Our telecommunications group has the strength of four strong regional
brands, market leadership, and key partnerships with Bell Canada and its
subsidiaries. Our information technology companies, with offices throughout
North America, including Atlantic Canada, Ontario, Alberta and Texas, will
contribute significantly to our growth and support the growth of our other
lines of business,'' said Mr. Wetmore. ''In mobile satellite services, Stratos
Global Corporation (TSE: SGB) is winning major contracts with clients like the
U.S. Navy, and with the operators of the gas pipeline from Nova Scotia to
Boston. Aliant's emerging business portfolio will deliver advances in
'telecom-centric' products and services, such as computer telephony
integration, TV over copper, and high speed e-commerce solutions, among
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