The province’s telecommunications authority has released their annual corporate report.
The report shows SaskTel saw a revenue topping $1.25 billion throughout 2017-2018, with nearly 69% of it being attributed to MaxTV Service, Internet, Data and Wireless.
It also shows lost revenue of close to $29 billion, a loss of 2.3%. That is attributed to increased competition from the “Big Three”, that being Rogers, Bell and Telus. Despite that, Sasktel maintains a stronghold on the market share for wireless in Saskatchewan at 67%, a drop of 1.5% over recent years.
Furthermore, the report addresses SaskTel’s initiatives going forward, one of them being the continued improving of service in Saskatchewan’s rural and northern areas.
Acting President and CEO John Burnett said one of the things they’re doing to improve service in those areas is by filling pre-existing gaps in coverage, rather than extending it further.
“There are some holes on the highways that we know we need to cover,” he said. “There are some areas, like I mentioned, in resort areas, where the population grows for a few months that are significantly under served.”
Work has already begun on that, with high speed internet coverage now present in around 2700 Saskatchewan homes and about 500 kilometres of fibre optic plowed. Work in the last area is anticipated to continue throughout 2018.
Minister Responsible Don Morgan noted this expansion is a social policy, saying the more they move towards them, the more potential it has to impact the bottom line.
“I think we go forward and look at the long term viability of the corporation and the ability to deliver dividends to the province, as well provide first class service.”