REGINA – SaskTel will invest $1.4 billion in capital in Saskatchewan over the next five years, including $331 million in this fiscal year.
The investment will ensure SaskTel customers in the province continue to receive its communications services including maxTV, Internet, data and future IP-based services through its 4G/LTE and infiNET Networks, the company said this week.
Highlights of this year’s core Saskatchewan investment program include:
– Invest $51.0 million in its Fibre to the Premises (FTTP) program;
– Invest $91.6 million on a number of initiatives to meet wireline network growth;
– Invest $19.6 million in expanding network capabilities; and
– Invest $123.0 million to improve customer services through new IT platforms and service enhancements, as well as the completion of a new Tier III Data Centre in Saskatoon.
“Our Government remains focused on growing the province and SaskTel’s investment in infrastructure is a testament to that commitment,” said Jim Reiter, Minister Responsible for SaskTel, in the news release. “Throughout SaskTel’s history they have continued to accomplish technological firsts and deliver networks and services that exceed many other areas of the country.”
“SaskTel is in the business of making it easy for people to connect to one another and to the world and our substantial investment in our core networks enables those connections,” added president and CEO Ron Styles. “Staying current with our technological investments and upgrading our networks is critical in delivering world-class products and services to our customers and for ensuring the future success of the company.”
