TORONTO – Despite record-high revenue and EBITDA, TeraGo Networks ended 2010 with a net loss of $5.9 million, slightly higher than the $5.8 million net loss it reported in 2009.The broadband service provider explained the loss as mainly due to an increase in depreciation of $1.5 million partially offset by improved operating results. Total revenue for the year ended December 31, 2010 increased 9% to $37.8 million, compared to $34.8 million for the same period in 2009, while EBITDA climbed to $6.5 million, up from $5 million last year.“One of our main objectives for 2010 was to efficiently convert our revenue...
