CityWest CEO Chris Marett hands a large cheque over to Corinne Bomben, chief financial officer for the City of Prince Rupert. (CityWest photo)

CityWest pays $400,000 to the City of Prince Rupert

Annual distribution payments since 2005 now total $7.5-million

The spirit of giving is here, and CityWest has presented its annual $400,000 distribution payment to the City of Prince Rupert — its only shareholder.

The same amount was delivered to the city last year, and the year before, and so on.

“This payment is the outcome of the decisions we’ve made over the past few years,” said Chris Marett, CEO of CityWest. “We are seeing great results in our Bulkley Valley markets, where we built fibre-to-the-home technology in underserved areas. And as we improve our technology in our existing markets, we expect to see more growth in the years to come.”

Dividends and distribution payments to the city now totals $7.5-million with more than $1.8-million in taxes, since 2005 when CityWest became a corporation.

This past year was a busy one for the telecommunications company with fibre-to-the-home being installed across Prince Rupert, and expansions into Bulkley Valley. As of June 2018, more than 150 customers in Prince Rupert were hooked up to the fibre-to-the-home services.

“It certainly was a busy year, and we have kept on track with a single-minded focus: to provide our customers with the best customer experience,” Marett said.

RELATED: CityWest makes $400,000 distribution payment to city



shannon.lough@thenorthernview.com

Like us on Facebook and follow us on Twitter

Just Posted

Prince Rupert hits the pool at CBIG Fall Invitational

Rupert swimmers set a host of top times at Prince George swim meet

Prince Rupert’s Salvation Army receives $550 on a 550th celebration

The Indo Canadian Sikh Association of Prince Rupert will be celebrating their first Sikh Guru

WATCH: Going once, going twice… Rotary Auction gone!

The Prince Rupert Rotary club received $85K in donations and made $60k back in revenues

The Northern View presents Santa Shops Here in Prince Rupert

More reasons to spend your shopping dollars locally

New band mayor elected in Lax Kw’alaams

Garry Reece Sr. will be replacing John Helin as band mayor

STORY & VIDEO: Crafty combo means even more entertainment at this year’s Kaien Island Craft Fair

Live music and food were 2019’s new arrivals at the popular event

WEB POLL: Do you think the federal government should step in to end the CN strike?

Long hours, fatigue and what they consider dangerous working conditions top of mind for workers

B.C.’s largest catholic archdiocese names 9 clergymen in sex abuse report; probes ongoing

Vancouver Archdioces presides over 443,000 parishoners in B.C.

Smudging in B.C. classroom did not affect Christian family’s faith, says school district lawyer

Lawyers make closing arguments in a Port Alberni case about the Indigenous cultural practice

Canadian Forces member charged with possessing magic mushrooms in Comox

Master Cpl. Joshua Alexander, with the 407 Maritime Patrol Squadron, facing two drug related charges

Most B.C. residents, including those hit by 2018 storms, not prepared for outages: report

Create an emergency kit, BC Hydro says, and report all outages or downed lines

Study finds microplastics in all remote Arctic beluga whales tested

Lead author Rhiannon Moore says she wasn’t expecting to see so many microplastics so far north

Services needed in B.C. for early-onset Alzheimer’s disease patients: doctor, advocates

More patients are being diagnosed with Alzheimer’s at an earlier age

Most Read