TORONTO, Jan. 3, 2024
/CNW/ - TERAGO Inc. ("TERAGO" or the "Company") (TSX: TGO)
(https://terago.ca/), announced the appointment of telecom
leader Jason Toledano as its Chief
Financial Officer, effective January 2,
2024. Toledano succeeds Phil
Jones, who is stepping away from TERAGO to focus on spending
more time with family and on community endeavours. Phil will be
working for the next two months to ensure a seamless handover of
his responsibilities.
"I am pleased to announce Jason
Toledano as our new Chief Financial Officer. Jason brings 30
years of relevant experience to TERAGO which positions us well to
accelerate value creation for customers, employees and
shareholders. Jason's experience spans CFO roles in the telecom,
technology, gaming and retail sectors. His extensive track record
in operations, corporate finance, M&A and corporate strategy
will be of significant value to TERAGO as we continue to execute on
our business transformation with agility and urgency." said
Daniel Vucinic, TERAGO
CEO.
Most recently, Jason served as the Chief Financial Officer of
Beanfield Metroconnect, a high-growth Canadian telecom provider.
Before Beanfield Metroconnect, Jason was the Chief Financial
Officer of OverActive Media Group, a publicly traded Canadian
entertainment business. Before OverActive Media Group, Jason was
the Chief Financial Officer of Weston Foods, a leading Canadian
producer of high-quality baked goods.
"TERAGO is well positioned to bring innovation, competition and
network diversity to Canadian businesses through its Value Creation
Strategy. I'm excited to join Dan and the great team at TERAGO as
we execute on its business transformation." said Jason Toledano.
"I would like to thank Phil Jones
for the substantial contributions he made to get TERAGO to where it
is today. As we look forward, the TERAGO team is energized by the
critical proof points we have delivered a short time into our
business transformation. We look forward to continuing to deliver
for employees, customers and shareholders." said Daniel Vucinic.
About TERAGO
TERAGO provides wireless connectivity and private 5G wireless
networking services to businesses operating across Canada. As Canada's biggest mmWave spectrum holders, the
Company possesses exclusive spectrum licenses in the 24 GHz and 38
GHz spectrum bands, which it utilizes to provide secure, dedicated
SLA guaranteed enterprise grade performance that is technology
diverse from buried cables ensuring high availability connectivity
services. TERAGO serves over 1,800 Canadian and Global businesses
operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless
services since 1999. For more information about TERAGO, please
visit www.terago.ca.
Forward-Looking
Statements
This news release includes certain forward-looking statements.
By their nature, forward-looking statements are subject to numerous
risks and uncertainties, some of which are beyond TERAGO's control.
Forward-looking statements may include but are not limited to
statements regarding the further developing our 5G Fixed Wireless
Access program, consistently executing across all fronts of the
business, success in providing Canadian enterprises with managed
services and the 5G fixed wireless trials being conducted by the
Company. All such statements constitute "forward-looking
information" as defined under, applicable Canadian securities laws.
Any statements contained herein that are not statements of
historical facts constitute forward-looking information. Except as
may be required by applicable Canadian securities laws, TERAGO does
not intend, and disclaims any obligation, to update or revise any
forward-looking statements whether in words, oral or written as a
result of new information, future events or otherwise.
SOURCE TeraGo Inc.
