SaskTel announces spending plans

Canadian telco SaskTel has unveiled plans to invest almost CAD200 million (USD207 million) in 2011, and around CAD670 million on its fibre-to-the-home (FTTH) project over the next seven years. This year’s spending is to be focused on improving broadband speeds, along with the ongoing construction of the company’s 4G network. CAD7 million is to be spent on expanding Max, SaskTel’s digital TV service. According to TeleGeography’s GlobalComms Database, regional full-service telco SaskTel finished 2010 with approximately 2.3% of Canada’s wireless subscriber market, and a 2.4% share of the country’s retail broadband sector.