$TGO.TO

2 stories mentioning TGO.TOUpdated 30d ago

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TeraGo Deploys Ericsson Private 5G Network at McMaster Manufacturing Research Institute

TeraGo (TGO.TO) after trade Wednesday said it successfully deployed an Ericsson Private 5G network at the McMaster Manufacturing Research Institute (MMRI) in Canada.The deployment expands TeraGo's partnership with Ericsson and supports the rollout of enterprise 5G infrastructure across Canada, the company added.The private network provides secure, high-speed, low-latency connectivity for applications such as artificial intelligence-powered automation, robotics, real-time data processing, and smart manufacturing operations, the company said."This deployment at MMRI creates a real-world environment where businesses can experience the full potential of Private 5G, moving from concept to application with confidence. Together with Ericsson, we are enabling innovation at scale," Chief Executive Daniel Vucinic said.TeraGo and Ericsson will host an Ericsson Private 5G launch event at MMRI on June 2 to mark the deployment.

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Mining & Metals31d ago

TeraGo Says It Welcomes Canada's New mmWave Spectrum Framework

TeraGo (TGO.TO) after trade Tuesday said it welcomes the Canadian government's new Policy and Licensing Framework for the 26 gigahertz (GHz) and 38 GHz spectrum bands."The framework provides visibility into the long-term spectrum environment while supporting the continued development of important fixed wireless and enterprise connectivity use cases. The transition path for existing licensees enables continued service delivery to customers while providing flexibility to evolve our network over time," Chief Executive Daniel Vucinic said.The framework was released by Innovation, Science and Economic Development Canada (ISED). Existing license holders that meet the new conditions will be allowed to convert their licenses to flexible-use licenses as part of the broader licensing process, the company said.The spectrum auction is expected to begin in October 2027, with licenses issued after the auction is completed. Current fixed service licenses will remain valid until March 31, 2029, giving companies several years to transition, according to the statement.TeraGo said it will continue reviewing the impact of the decisions and will take part in the transition process according to ISED's timelines and requirements.The company's shares closed down$0.02 to $1.30 on the Toronto Stock Exchange.

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