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TeraGo Comments on ISED Decision on Releasing 38 GHz Spectrum for 5G
TeraGo Comments on ISED Decision on Releasing 38 GHz Spectrum for 5G Canada NewsWi...
About this update from Terago Inc.
[{"type":"text","content":"\n\n\n\nTeraGo Comments on ISED Decision on Releasing 38 GHz Spectrum for 5G\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, June 6, 2019\n\n\n\nAll of TeraGo's 38 GHz licences will be eligible for renewal and conversion to flexible use to support future mobile 5G services\n TORONTO, June 6, 2019 /CNW/ - TeraGo Inc. (\"TeraGo\" or the \"Company\") (TSX: TGO, www.terago.ca), is pleased to announce that upon expiry in 2025, all of its 38 GHz fixed wireless spectrum licences in compliance with current licence conditions will be eligible for renewal under the new flexible use licence model as part of Innovation, Science and Economic Development Canada's (ISED) decision on releasing millimetre wave spectrum to support 5G, which came out yesterday.\n\"TeraGo applauds ISED's decision to permit existing 38 GHz licensees to retain their spectrum and apply for flexible use licences in 2025,\" said Tony Ciciretto, President and CEO of TeraGo. \"Future conversion to a flexible use licencing model provides continuity for our business and reaffirms the value of our spectrum assets as a critical resource in delivering 5G services in the future.\"\nMr. Ciciretto added, \"Over the years, TeraGo has made substantial investments to develop and deploy economical, reliable, and scalable wireless broadband services over the 38 GHz spectrum band to businesses across Canada. This decision recognizes the long-term value of our investments in spectrum and provides assurances to preserve and grow our current business. It 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 ...