09:59 AM EST - Manitoba Telecom Services Inc : announced that the Manitoba Court of Appeal has ruled in its favour on a lawsuit regarding one of MTS's pension plans in Manitoba. The matters that were subject to this litigation were in respect of events that occurred at the time of MTS's privatization in 1997. The Court of Appeal has ruled against the plaintiffs and for the Company and has dismissed all cross-appeals raised by the plaintiffs. The decision of the trial judge that the Company may be required to pay additional funds estimated previously of up to $100 million was set aside. As a result, there will be no changes to the Company's expected future funding requirements or any other aspects of the MTS Pension Plan. Manitoba Telecom Services Inc
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