2004 Crown Investments Corporation of Saskatchewan Annual Report
2004 Crown Investments Corporation of Saskatchewan Annual Report
2004 Crown Investments Corporation of Saskatchewan Annual Report
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Corporate Pr<strong>of</strong>ile<strong>Saskatchewan</strong> Telecommunications (SaskTel)SaskTel is a wholly-owned subsidiary<strong>of</strong> CIC which was established as theDepartment <strong>of</strong> Railway, Telephonesand Telegraphs in 1908. Its goal wasto provide cost-effective service to asmany farms, homes and businessesas possible. The corporation isnow recognized as a leadingcommunications company. SaskTelprovides 425,000 residential andbusiness customers with competitivevoice, data, dial-up and high speedinternet, wireless, digital televisionand e-business solutions.PresidentRobert WatsonTotal employees3,664Assets$1.2 billionRevenue$932.4 millionPr<strong>of</strong>it$94.5 millionWeb sitewww.sasktel.com<strong>2004</strong> <strong>Saskatchewan</strong> Transportation Company (STC)STC is a wholly-owned subsidiary<strong>of</strong> CIC that has been providingpassenger transportation, parcelexpress and freight servicesthroughout the province since 1946.The bus company was establishedto ensure that as many communitiesas possible had access to reasonablypriced transportation. Today STCserves 275 communities in theprovince, providing more than 3.1million passenger miles in serviceeach year.PresidentTotal employeesAssetsRevenueLoss before grantWeb siteRay Clayton235$19.3 million$13.6 million$4.7 millionwww.stcbus.com<strong>2004</strong>C I C14
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