SaskTel FY results lower, revenue down 2.3%

Thursday 12 July 2018 | 10:20 CET | News
Canadian regional operator SaskTel reported revenues for its fiscal year to March down 2.3 percent to CAD 1.253 billion. The company blamed the economic climate, regional wireless pricing, changing consumer behaviour, and increasing competition, limiting its ability to offset revenue declines from legacy wireline services.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: SaskTel
Countries: Canada
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


SaskTel lifts revenues, profit in FY but says economic environment is still challenging

Published 09 Jul 2019 11:12 CET | Canada
Canadian regional operator SaskTel reported higher results for its fiscal year to end March, though both revenues and profit came ...

SaskTel board names Burnett as president, CEO

Published 30 Jan 2019 08:26 CET | Canada
SaskTel's board of directors appointed Doug Burnett as president and CEO, effective immediately. Burnett joined the company in ...

Sasktel to invest CAD 301 mln in Saskatchewan in 2018-2019

Published 15 May 2018 16:30 CET | Canada
SaskTel said it will invest approximately CAD 301 million of capital in Saskatchewan in 2018-2019 and over CAD 1.4 billion ...

Sasktel to finalise in April expansion of Fusion Internet to 34 towers serving rural Saskatchewan

Published 28 Mar 2018 10:11 CET | Canada
SaskTel will complete in April a CAD 4.2 million project to expand Fusion Internet to 34 additional towers serving rural ...

Sasktel grows FY net profit after 1% revenue increase

Published 19 Jul 2017 10:24 CET | Canada
Canadian operator SaskTel reported 2016/17 net income of USD 134.8 million and operating revenues of USD 1.277 billion. Net ...

Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
::: More Calendar Items