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

CityofPrinceRupertCityWest

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

‘Water Quality Advisory’ lifted for Prince Rupert

Some Prince Rupert residents are still under a ‘Boil Water Notice’

Liberals and Greens yet to announce North Coast candidates

North Coast candidates have until two weeks before the election to name contenders

Cullen confirmed as B.C. NDP candidate for Stikine despite party’s equity policy

Former Tahltan Central Government President Annita McPhee said the process made her feel “abused”

Planned upgrades didn’t go as planned

CityWest said a fibre-line break caused outages to all customers

B.C. reports 91 new cases as officials remain worried over ‘clusters of COVID-19

There have now been a total of 8,395 cases in B.C. since the pandemic began

Canada’s active COVID-19 cases top 10,000 as daily new cases triple over the past month

Dr. Tam repeated her warning to young people, who have made up the majority of recent cases

First 8 months of fatal overdoses in B.C. have now exceeded 2019 death toll

Nine people died every two days in August, BC Coroners Service data shows

Liberal effort to reset policy agenda panned by rivals as too much talk, not action

Trudeau said it’s ‘all too likely’ families won’t be able to gather for Thanksgiving next month

‘Show us the money’ for cannabis, local governments tell B.C.

Municipal tax, transit revenues falling as costs rise

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

‘It’s a boy’: Southern Resident killer whale calf born to J Pod is healthy, researchers say

J35 had previously done a ‘Tour of Grief,’ carrying her dead calf for 17 days

People ‘disgusted’ by COVID-19 election call, B.C. Liberal leader says

Andrew Wilkinson speaks to municipal leaders from Victoria

Horgan blasts B.C. Greens for refusing youth overdose detention

Lack of support key to B.C. election call, NDP leader says

Most Read