Cable & Telecom

Q3 profits TeraGo shoot up 125%

TORONTO – TeraGo credited customer upgrades and recurring service revenue for jumps in revenues and profits for the third quarter. For the period ended September 30, the company posted revenue of $13.2 million, up 7% from $12.3 million in Q3 2012.  The increase largely resulted from a greater number of customer locations, as well as existing customers upgrading their Internet and data connections.  Approximately 98% of Q3 2013 revenue was recurring service revenue. Net earnings increased by 125% from $1.6 million to $0.7 million in the quarter, while EBITDA was $5.0 million, up 22% from $4.1 million in the same period...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.