4 ordspråk av Liane Pelletier

Liane Pelletier

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Tremendous ACS growth drove the strategic decision to proceed with this transaction. This fiber optic cable network will support the escalating demand for ACS' Internet and data services.

We are thrilled to have Ned join our Board. Ned's extensive telecommunications experience and reputation as a change agent will serve ACS well. He has demonstrated operational and financial strengths in multiple industries, including in the Internet market, a very important growth area of the telecommunications industry.

Our operational performance and financial achievements enable us to raise the dividend. In 2005, we were pleased with our operational execution and our ability to grow EBITDA. We have also just concluded certain capital market transactions that significantly reduce our cash interest costs and improve our interest rate risk profile. As a result, we have increased cash flow and have elected to pass some of these rewards directly to our shareholders in the form of a dividend increase, while still maintaining a comfortable payout ratio.

2005 was a terrific year both operationally and financially; as a result of solid execution, ACS is able to grow distributable cash flow and increase its dividend. In 2005, we exceeded our growth objectives for revenues and EBITDA: compared to 2004, revenues grew 8.0 percent and EBITDA rose 23.3 percent.

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