> TeraGo Reports Fourth Quarter and Year End 2018 Results
Toronto – February 21, 2019 – TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), today announced financial and operating results for the fourth quarter and year ended December 31, 2018.
“In the fourth quarter, TeraGo delivered solid Adjusted EBITDA(1) growth of 6% from the prior year period by proactively adjusting our cost structure. This provides us with greater flexibility to redirect investments into higher growth initiatives in 2019,” said Tony Ciciretto, President and CEO of TeraGo. “As we continue to push forward in our 5G technology trial and target customer trials before the end of this year, I am encouraged by the opportunities we see to surface greater value from our 24 GHz and 38 GHz spectrum assets.”