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Thunder Bay, Ontario (April 26, 2022) – Tbaytel provided its annual shareholder report to City Council on Monday, April 25 and released Forward Together: 2021 Report to the Community. The report highlights key accomplishments from the past year, Tbaytel’s strategic direction and summarizes financial information. It also highlights a number of new products and services and how Tbaytel along with its authorized dealers throughout northern Ontario continued to provide a safe, consistent and vital service for our communities as 2021 continued to change the way people in our region live and work.
“Tbaytel and northern Ontario moved forward together in a number of ways in 2021,” said Tbaytel President and CEO Dan Topatigh.
“Strategic partnerships, a strong financial performance, investments and innovations in our products and services and the continued trust in Tbaytel from our customers all contributed to an incredibly successful year. Tbaytel is proud to play such an essential role in our region and we look forward to another strong performance, together, in 2022.”
Tbaytel continued to be a good neighbour in 2021 through its Tbaytel for Good sponsorship program, contributing more than $719,000 to organizations, people and events in 10 communities. Some highlights include Wake the Giant, the Northern Ontario School of Medicine’s Tbaytel Entrance Award fund and the largest ever Tbaytel for Good Community Fund awards to-date.
This past year saw Tbaytel continue to bring its products and services to more people than ever before with new mobility towers and the addition of LTE to sites throughout the region to increase the speed and capacity of its mobility network. Tbaytel also secured partnerships with the Thunder Bay Economic Development Commission, Oliver-Paipoonge, Terrace Bay and Marathon to provide state-of-the-art Fibre service to those areas in the coming years. Continued Fibre investment in Thunder Bay means Tbaytel can now deliver Fibre to 97 per cent of the City of Thunder Bay.
Tbaytel heightened its focus on cost control and efficiencies in service delivery in order to maintain balance of continued network investment with strong financial performance. More than $217 million in revenue was earned for 2021 demonstrating the strong support Tbaytel has from its loyal customer base which directly correlates to a total fixed and performance dividend of $ 21.9 million to the city of Thunder Bay that ultimately reduces local property tax bills by approximately 8.75 per cent. Since its inception in 2004, Tbaytel has returned more than $339 million in dividends to the city.
“Together with its dedicated work force, in 2021 Tbaytel made strategic investments, invaluable partnerships and capital decisions that continued to see an ambitious fibre roll-out for its serving territory, lay groundwork for the launch of 5G and fine-tune the products and services that Thunder Bay and northern Ontario depends on to bring them a world-class network,” said Tbaytel Municipal Board Chair Jack Jamieson.
“I would like to thank Tbaytel’s President & CEO, the executive management team, our board of directors and all Tbaytel employees for their hard work and commitment.”
To view or download Forward Together: 2021 Report to the Community please visit tbaytel.net/communityreport
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Receive a $50 EverythingCard when you activate a new line, or upgrade to a new device on a 2-year contract with any 5G+ Unlimited Data Plan.
When you subscribe to a Voice & Data plan and agree to a two year commitment we'll send you a $50 EverythingCard gift card as a special thank you.
When you sign up for Tbaytel Internet services and agree to a two year commitment we'll send you a $100 EverythingCard gift card as a special thank you.
Save $20/month on your existing Tbaytel Internet service for 24 months when you activate new monitoring with a 3 year term.
When you purchase a smart home security equipment package with a 3-year term we’ll include a FREE Smart Security Camera. Choose between either an outdoor camera or a video doorbell.
PLUS, save $20/month on your existing Tbaytel Internet service for 2 years when you activate new monitoring with a 3-year term.
When you sign up for a new Tbaytel Security monitoring service during the promotional period and agree to a three year commitment we'll send you a $100 EverythingCard gift card as a special thank you.
Sign up for both Internet & TV service with a 24-month term and save $10/month for 24 months on your existing Tbaytel mobility service.
$10/month mobility discount for 24 months is available only to residents in Fort Frances, Dryden, Kenora, Marathon and Terrace Bay and based on a new Internet & TV subscription with a 24 month term. The discount can be applied to only one active mobility service per Internet/TV service address subscription after service has been installed.
When you sign up for Tbaytel TV services and agree to a two year commitment we'll send you an Amazon Fire TV Stick as a special thank you.
When you subscribe to a 5G+ Unlimited Data Plan and agree to a two year commitment we'll add a $50 bonus credit to your account as a thank you.
When you sign up for Tbaytel Internet services and agree to a two year commitment we'll send you a $100 EverythingCard gift card as a special thank you. Sign up for both Internet and TV and receive a $150 EverythingCard gift card.
When you sign up for Tbaytel TV services and agree to a two year commitment we'll send you a $50 EverythingCard gift card as a special thank you. Sign up for both Internet and TV and receive a $150 EverythingCard gift card.
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