Wireless, broadband, drive growth at SaskTel

REGINA – Provincial Crown corporation SaskTel this week reported 2018/19 net income of $127.4 million (up 5.3% over 2017/18 ) and operating revenues of $1,279.6 million for the year ending March 31, 2019 (up 2.1%).The strong net income line “is a result of increased wireless adoption, a resurgence in internet growth as customers opt for services delivered over SaskTel’s fibre network, and growth in the managed and emerging services portfolio,” says the press release.However, “the economic environment, regional wireless pricing, changing consumer behavior, increasing competition, and revenue declines from legacy wireline services continue to be challenges impacting SaskTel’s overall growth.”Also...