SaskTel is reporting a net income of $121 million with operating revenues of $1.25 billion for the year ending March 31st. Revenues were down $29.6 million from the year before. In its annual report, the company says the drop was primarily due to the economic environment, regional wireless pricing, changing consumer behaviour, and increasing competition. The Crown Corporation had capital expenditures of $302 million in the fiscal year. The company paid dividends of $89.9 million to Crown Investment Corporation. That was an increase of nearly $60 million from the previous year.