The Globe and Mail reports in its Friday, July 15, edition that SaskTel customers are hanging up their landlines and that is affecting revenue.
A Canadian Press dispatch to The Globe report that the SaskTel annual financial report says revenue from phone service was down $234.2-million for the fiscal year ending in March because customers dropped their existing landline to go wireless.
Long-distance revenue was also down $5.4-million and the report says that was due to loss of customers to social media, wireless and voice-over-Internet protocol.
However, the Crown corporation made more on wireless services and still posted an overall net income of $126.7-million and revenue of $1.6-billion.
Among other things, the report said there is a risk that establishing Winnipeg as a Western headquarters for BCE's Bell could lead to an erosion of SaskTel's share of the Saskatchewan business market.
The company is looking at ways to stay competitive in the telecommunications industry, in part because a report released last month said the takeover of Manitoba Telecom Services by Bell poses risks to SaskTel.
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