SaskTel is reporting net income of $130.8 million for 2020-21.
Operating revenues were about $1.32 billion. That’s a year over year revenue growth of $34 million. The Crown Corporation says this reflects continued wireless adoption and increased revenue from wireline growth services.
At roughly 46 per cent, SaskTel’s revenue is composed primarily of wireless network services and equipment revenue. Fixed broadband and data represents 20.8 per cent, wireline communications is about 15 per cent, and maxTV service 7.9 per cent.
SaskTel’s Return on Equity (ROE) is above the target of 6.9 per cent, due to exceeding the net income target of $81.8 million by $49.0 million.
SaskTel paid dividends of $110.5 million to Crown Investments Corporation during the fiscal year ending March 31; an increase of $3.3 million from the previous year.
















