Cable / Telecom News

Cloud, data centre services drive TeraGo’s revenue growth

TORONTO — TeraGo Inc.’s transition into a cloud and data centre services provider over the last year has helped to drive up revenues at the company, which reported a significant Q2 2015 revenue increase of 14.6% over the second quarter of 2014.TeraGo’s total consolidated revenues were $15.1 million for the three-month period ending June 30, compared to $13.2 million for the same period in 2014. Revenues derived from data centre and cloud services (approx. $3.9 million) accounted for 25.5% of the company’s total revenues for the second quarter. A year ago in Q2 2014, only 6% of TeraGo’s total revenues...