The Globe and Mail reports in its Monday edition that small Thornhill, Ont., company says it is on the verge of being the first Canadian operator to sell 5G technology as telecom players, from start-ups to the big telcos, jockey for position in a race to build the next generation of wireless networks.
The Globe's Christine Dobby writes that TeraGo Inc., which has traditionally catered to the business market by selling connectivity and data-centre services, said it is aiming to enter the residential segment with a plan to deliver high-speed broadband to a handful of urban high-rises this year.
The company is conducting trials of next-generation technology using a trove of licences it has for frequency bands of spectrum (radio waves that carry communications signals) that are emerging as key for 5G services.
The potential for 5G technology has boosted the value of TeraGo's licences and could make the company a target of the likes of Rogers Communications, Telus and BCE, which do not yet have access to such bands of spectrum.
TeraGo's push into 5G comes as telecom providers around the world spend billions in a high-stakes competition for smart phone subscribers and the burgeoning Internet of Things market.
© 2020 Canjex Publishing Ltd. All rights reserved.