Feb 4 (Reuters) - Manitoba Telecom Services Inc MBT.TO :
* MTS posts 71% growth in Q4 free cash flow and announces planned use of
proceeds from the sale of allstream which includes a $200 million share
repurchase program
* NCIB which will allow for repurchase of 7.1 million shares at a cost of $200
million between February 9, 2016 and February 8, 2017
* Q4 MTS operating revenues $252.1 million versus $250.9 million in Q3
* Expect to incur approximately $10 million to $20 million of one-time
transition costs over next two years related to allstream sale
* Q4 loss per share from continuing operations $0.04
* Q4 loss per share $1.11
* Sees 2016 mts operating revenues 0% to 2% higher compared to 2015
* Sees 2016 free cash flow 10% to 15% higher compared to 2015
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