Cable & Telecom

SaskTel reports $34 million year-over-year growth

REGINA - SaskTel yesterday reported $34 million in year-over-year revenue growth for the 2020-2021 fiscal year to $1.318 billion, a 2.6% increase over 2019-20. This number reflects “continued wireless adoption and increased revenue from wireline growth services,” according to a press release. The Crown Corporation further reported a net income of $130.8 million. "This past year has shown that a consistent and high-quality broadband connection is of vital importance to both SaskTel's rural and urban customers," said Don Morgan, the minister responsible for SaskTel, in the press release. "SaskTel invested over $308 million in capital improvements to provide these connections,...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.