MTS and EnStream announce plans for mobile payment
capability
WINNIPEG, MB, October 22, 2012- MTS announced
today that it has signed an initial agreement with EnStream
LP to bring secure mobile payment technology to Manitoba in
2013. This technology will facilitate mobile commerce
(mCommerce) transactions and give MTS customers the ability
to pay for goods and services at participating retailers
using certain smartphones and mobile devices.
"mCommerce will quickly become the way people go about
their day-to-day business, and MTS is proud to be among the
first providers in Canada to give their customers access to
this important and innovative technology," said MTS
President Kelvin Shepherd.
The initial agreement between EnStream and MTS gives MTS
access to EnStream's Secure Element Management (SEM)
platform, and in turn, EnStream will provide participating
banks and other financial institutions the means to
facilitate transactions for MTS customers. These customers
will be able to make payments using Near Field
Communication (NFC) technology, which allows one device to
send and receive information with another device in close
proximity. MTS customers will be able to tap their
NFC-enabled smartphone to a payment terminal to make
payments without the need for chip cards.
"This technology has great potential to make every day
transactions faster, more convenient and more secure,"
added Mr. Shepherd.
EnStream's SEM service provides secure, wireless
management of customers' credentials within mobile
devices. As the service develops, EnStream's SEM system
will allow customers to load all of their payment cards and
other credentials such as their loyalty program cards,
transit passes, and library cards directly on their mobile
device. This technology has the potential to transform a
smartphone into a virtual wallet and eliminate the need to
carry individual cards, passes or cash.
About MTS
MTS is the leading full-service communications provider for
residential and business customers in Manitoba. The
company's suite of products and services include the
latest in wireless technology, high-speed Internet, an
award-winning IPTV service, voice services, home security,
and an extensive range of business solutions. A technology
leader, MTS operates advanced wireless networks delivering
the best coverage for Manitobans with its 4G LTE, 4G HSPA+,
CDMA and Wi-Fi wireless networks, and is investing to build
out its extensive fibre-to-the-home network in over 20
Manitoba communities. MTS's momentum is fuelled by the
knowledge, skills and spirit of its 3,000 Manitoba-based
employees. With more than 100 years of operations, MTS is
rooted firmly in the community and is a proud sponsor of
the MTS Centre, home to the NHL's Winnipeg Jets. MTS is
wholly-owned by Manitoba Telecom Services Inc. which is
listed on the TSX (trading symbol: MBT). For information on
MTS's products and services, please visit www.mts.ca.
Forward-looking Statements Disclaimer
This news release includes forward-looking statements and
information (collectively, the "statements")
about the Company's corporate direction, business
opportunities, operations, financial objectives and future
financial results and performance that are subject to
risks, uncertainties and assumptions. As a consequence,
actual results in the future may differ materially from any
conclusion, forecast or projection in such forward-looking
statements. Therefore, forward-looking statements should be
considered carefully and undue reliance should not be
placed on them. Examples of statements that constitute
forward looking information may be identified by words such
as "believe", "expect",
"project", "should",
"anticipate", "could",
"target", "forecast",
"intend", "plan", "outlook",
"see", "set", "pending", and
other similar terms.
Factors that could cause anticipated opportunities and
actual results to differ materially include, but are not
limited to, matters identified in the "Material
assumptions" section below, the "Risks and
uncertainties" section, elsewhere in the Company's
2011 Annual MD&A and 2011 Annual Information Form, all of
which are available on SEDAR at www.sedar.com.
Please note that forward looking statements reflect
Management's expectations as at the date hereof. The
Company disclaims any intention or obligation to update or
revise any forward looking statements, whether as a result
of new information, future events or otherwise, except as
required by law.
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