PwC Canada to acquire MTS Allstream's non-telecom IT consulting business
PwC said the transaction will greatly expand its technology service offerings.

Fuente:   Fecha:   14.01.2010

PwC Canada to acquire MTS Allstream's non-telecom IT consulting business

PricewaterhouseCoopers Canada will acquire the majority of MTS Allstream's non-telecom IT consulting group, which comprises approximately 180 employees and $50 million in annual revenues.

Financial terms of the transaction are not being disclosed. The transaction is expected to close on January 31, 2010.

As part of the transaction, MTS Allstream, the business telecom subsidiary of Manitoba Telecom Services Inc., is also announcing an alliance between MTS Allstream and PwC. Through this alliance, PwC customers looking for communications solutions services will be referred to MTS Allstream, while MTS Allstream customers who require the support of a non-telecom IT consulting group will be referred to PwC.

"PwC Consulting will now be able to leverage the expertise of this group and their network of vendor and subcontractor relationships to greatly expand our technology service offerings," said Bill McFarland, a National Managing Partner within PwC Canada. "This acquisition immediately enhances our ability in the marketplace, to provide an expanded base of clients with full-service value - from strategy through to implementation."

"This transaction represents a renewed focus on our core business offerings like Unified Communications and Converged IP Services - key areas of growth for MTS Allstream," said Dean Prevost, President, Allstream. "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. Our customers will also benefit from a new relationship with PwC, a Canadian leader that will continue to provide outstanding service for their IT consulting needs."