November 5, 2024

Toronto – November 5, 2024 – TERAGO Inc. (“TERAGO” or the “Company”) (TSX: TGO, www.terago.ca), a leading provider of Managed Fixed Wireless Internet and SDWAN solutions, announced today that a major Canadian retailer has selected TERAGO as a strategic partner to enhance their applications and network infrastructure across all locations nationwide.

The retailer, an established leader in the hardware equipment, tools, and industrial supplies with locations across Canada, sought to upgrade its connectivity solutions to ensure redundancy, boost performance, strengthen network security, and significantly enhance the client experience. They chose TERAGO’s advanced Managed Fixed Wireless Internet and SDWAN solutions based on its superior product offering, speed to market, premium white-glove service and cost profile.

“We are excited to deliver comprehensive network solutions that align with the growth and operational demands of our valued customer,” said Daniel Vucinic, CEO and President at TERAGO. “This partnership highlights our commitment to understand their business and then develop, deliver, and manage the most effective solution that supports their immediate and long-term goals. When I took over as CEO just more than a year ago, I highlighted my focus on reenergizing the business’ top line – today’s announcement is a resounding proof point for the substantial investment that has gone into this initiative.”

TERAGO’s fully managed solutions allow businesses to seamlessly operate in multiple locations with peace of mind, knowing that their network infrastructure is secure, redundant, and able to meet the Digitalization and evolving demands of today’s marketplace – please reach out to our team at info@terago.ca to learn more about how we can deliver superior connectivity and managed solutions for your business.

About TERAGO

TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services. TERAGO serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa, and Winnipeg, and has been providing wireless services since 1999. For more information about TERAGO and its suite of wireless internet and SDWAN solutions, please visit www.terago.ca.

For further information, please contact:

Rajneesh Sapra
Chief Financial Officer
rajneesh.sapra@terago.ca