Press Releases & Announcements
TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), today reported financial and operating results for the first quarter ended March 31, 2020. “Like most businesses, we were impacted by the COVID-19 crisis as it spread through Canada,” said Tony Ciciretto, President and CEO of TeraGo. “However, the impact to TeraGo was less than most because our solutions are critical to our customer’s operations even as they temporarily closed operations and transitioned to a remote work environment.”
TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), today announced that 5G technical trials in the Greater Toronto Area (“GTA”) have commenced at TeraGo’s Thornhill head office location, utilizing 5G fixed wireless network equipment from Nokia Inc. (“Nokia”). Initial testing will be in the 38 GHz frequency band using Innovation, Science and Economic Development (“ISED”) approved and issued developmental licences. TeraGo will also be utilizing Customer Premise Equipment (“CPE”) from Askey Computer Corp. (“Askey”) in support of these initial trials, which are expected to be carried out over the next several weeks. Due to the impact of the recent COVID-19 event, customer trials are planned to begin in the second half of 2020.
TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), will be hosting a conference call on Wednesday, May 6, 2020, at 8:30 a.m. ET to discuss the Company’s financial results for the first quarter of 2020. The complete financial results are expected to be released after market close on Tuesday, May 5, 2020.
TeraGo is dedicated to helping our customers & partners adjust and scale their needs during this time, while ensuring the security and safety of their network. As anticipated, overall online usage, network volume and demand for virtual collaboration continues to increase as organizations and employees adjust to working from home. We would like to ensure our community that we are operating at full capacity, including continuing deployments and all levels of service.
We have broadened our work from home policies for employees to minimize the possibility of transmission in our offices. Also, we have increased the use of virtual collaboration tools to conduct virtual meetings with our customers, partners and employees. Our facilities remain operational as usual including sufficient staffing and 24 x 7 support.
Toronto – March 9, 2020 – TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), will be participating at the 32nd Annual ROTH Capital Conference. The conference is being held on March 15-17, 2020 at the Ritz Carlton in Dana Point, CA.
TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), today reported financial and operating results for the fourth quarter and full year ended December 31, 2019. “As our financial and operational results for 2019 demonstrate, we executed on our plan to manage costs, generate strong Adjusted EBITDA(1) and cash flow, while realizing key milestones on our 5G fixed wireless growth strategy,” said Tony Ciciretto, President and CEO of TeraGo.
Bringing Next-Generation Networking to Businesses Across Canada
TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), today announced that it has launched TeraGo Managed SD-WAN in partnership with NetFortris, a new and advanced networking solution that brings next-generation technology to business customers across Canada.