TeraGo to accelerate 5G fixed wireless program with new executive team addition

TORONTO, Sept. 4, 2019 /CNW/ - TeraGo Inc. ("TeraGo" or the "Company") (TSX: TGO, www.terago.ca), is pleased to announce that it will be accelerating efforts to commercialize 5G Fixed Wireless Commercial Services in Canada utilizing 5G mmWave spectrum. To spearhead TeraGo's 5G strategy and development of the program, TeraGo has appointed Irv Witte to its Executive Leadership Team.

Mr. Witte has over 20 years of progressive leadership experience in the wireless communications sector. Prior to joining TeraGo, Mr. Witte was most recently involved in the Rogers Communications 600 MHz auction and in Network Product Management. He oversaw the successful initial launch of the chatr wireless brand, and has extensive experience in the B2B market, having served as VP of Rogers Wireless Business Marketing.

"I am pleased to welcome Irv to TeraGo's Executive leadership team to spearhead the 5G Program," said Tony Ciciretto, President and CEO of TeraGo. "As the largest holder of 24 and 38 GHz mmWave spectrum in Canada with over 90% of the licensed spectrum held covering 8.6 billion MHz-Pops1, TeraGo is uniquely positioned to utilize emerging 5G mmWave technology to accelerate the availability of enhanced fixed wireless solutions for business customers across the country."

Innovation, Science and Economic Development Canada's (ISED) recent 38 GHz regulatory decision also opens up the possibility for TeraGo to explore options for broader use applications of the spectrum, including working with other operators and stakeholders in the industry to deliver on the promise of 5G.  All of TeraGo's 38 GHz licences will be eligible for renewal and conversion to flexible use to support future mobile 5G services.

"I am thrilled to join TeraGo, which has a unique combination of 5G mmWave spectrum assets, infrastructure and expertise in the Fixed Wireless Solution area," said Irv Witte, TeraGo's new Vice President 5G Program. "I am passionate about launching new products, services and innovative brands and look forward to leveraging my experiences in the wireless communications industry to position TeraGo as one of the first operators in Canada to introduce 5G based services."

About TeraGo

TeraGo owns a national spectrum portfolio of exclusive 24GHz and 38GHz wide-area spectrum licences including 2,120 MHz of spectrum across Canada's 6 largest cities. TeraGo provides businesses across Canada with cloud, colocation and connectivity services. TeraGo manages over 3,000 cloud workloads, operates five data centres in the Greater Toronto Area, the Greater Vancouver Area, and Kelowna, and owns and manages its own IP network. The Company serves business customers in major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg.

For more information about TeraGo, please visit www.terago.ca.

1Market share of licensed mmWave spectrum based on MHz-Pop using ISED's posted 2011 population figures.

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