SaskTel posts $76.4M profit, says it isn't taking hit from cord cutting

SaskTel says while media streaming services like Netflix are hurting American cable providers, that isn't the case in Saskatchewan.

The Crown-owned utility posted a profit of $76.4 million in 2014, according to an annual report released Monday.

Revenues for the year totalled $1.2 billion.

SaskTel currently has 140,000 cable TV customers, up from 100,000 two years ago.