Latest news with #mmWave
India Today
26-06-2025
- India Today
iPhone 17 Air said to feature C1 modem made by Apple, here is what that means for you
Apple's push to take greater control over its hardware continues. According to recent reports, the company is working on a refreshed in-house modem. The rumour has it that the upcoming iPhone 17 Air will debut the company's in-house C1 modem. Launched alongside the iPhone 16e last month, the C1 marks the Cupertino-based tech giant's first proprietary cellular modem. This move marks a significant shift in Apple's strategy to reduce its reliance on third-party suppliers, most notably Qualcomm, for key components that power wireless connectivity in its devices. So, what exactly is the C1 modem, and what difference will it make to the iPhone 17 Air's performance? Let's find out. advertisementApple's C1 modemThe C1 is Apple's first-generation baseband chip, designed to handle the iPhone's mobile network communications. Unlike processors or GPUs, baseband modems don't need to adopt an advanced manufacturing process to deliver meaningful gains. In fact, the C1 combines various process technologies, say, its core baseband logic is built on 4/5nm nodes, while the low-frequency and intermediate frequency transceivers (TRx) use 7nm technology. The power management integrated circuit (PMIC) relies on a more mature 55nm balanced approach allows Apple to optimise performance and cost without chasing the latest semiconductor processes, like 3nm, that deliver minimal benefits for modems. While newer manufacturing nodes can improve power efficiency, the baseband isn't the biggest power drain on a smartphone's wireless system, so the returns are does this mean for iPhone 17 Air users?advertisement The current C1 modem is designed to deliver solid transmission speeds and reliable network performance on existing 4G and sub-6GHz 5G networks. However, Apple is also working on a refreshed version of the C1, aimed at mass production next year. This updated modem promises better power efficiency and faster transmission rates, alongside support for mmWave 5G — the high-frequency, ultra-fast wireless standard that's been slower to roll out adding mmWave support isn't technically difficult, Apple's challenge lies in achieving consistent performance without significantly impacting battery life — an area where the refreshed C1 will reportedly bring meaningful improvements. Interestingly, the mmWave transceivers and front-end components are expected to use a 28nm process, again highlighting that for this type of hardware, newer isn't always consumers, the shift to an Apple-designed modem could offer a few benefits, including tighter integration with the rest of the iPhone's hardware, potentially more consistent real-world connectivity, and in the long term, a platform for Apple to innovate in ways that third-party solutions might not don't expect dramatic changes in your day-to-day experience just yet, the real gains will come gradually, as Apple refines its modem technology in future devices. iPhone 17 Air: What to expect advertisementThe upcoming iPhone 17 Air is rumoured to feature a silicon-carbon battery, which could help deliver better battery life than many had anticipated, despite the device's compact size. Previous leaks suggest the ultra-slim handset will pack a 2,800mAh battery — notably smaller than that of the base iPhone model — but the adoption of silicon-carbon technology may offset this with improved to be Apple's slimmest and one of its lightest smartphones to date, the iPhone 17 Air is said to weigh around 146g. This would align with recent reports pointing to a device designed to be both light and sleek. As with other recent models, the handset is expected to support Face ID for biometric a bid to keep the weight down, Apple is reportedly opting for a frame made from 7000 series aluminium alloy, rather than the titanium used in the iPhone 16 Pro and 16 Pro Max. The frame itself could weigh up to 30g, according to some sources. The heaviest components are said to be the 120Hz OLED display and the silicon-carbon battery, each reportedly tipping the scales at specifications are also rumoured to include a single 48-megapixel rear camera and a 24-megapixel front camera for selfies and video calls. Powering the device will likely be Apple's forthcoming A19 chip, paired with 8GB of RAM — similar to what was offered with the iPhone 16 Plus. The iPhone 17 Air is also expected to feature a glass back and support for wireless charging via true, these details suggest Apple is aiming to deliver a slim, lightweight handset without compromising on performance or features. However, as with all pre-launch leaks, these details should be treated with caution until the official unveiling.- Ends
Yahoo
16-06-2025
- Business
- Yahoo
Inkbit Introduces: Cyclic Olefin Thermosets
A Class of Low-Loss Materials Designed for Radio Frequency and mmWave Applications MEDFORD, Mass., June 16, 2025 /PRNewswire/ -- Inkbit, a MIT spinout pioneering additive manufacturing at the intersection of machine vision and material science, today unveiled a new class of materials available through its exclusive platform. Cyclic Olefin Thermosets (COT) are a class of low-loss dielectric materials, particularly well suited to mmWave applications. "When coupled with our platform, which scales seamlessly from prototyping to production, this class of materials will enable rapid innovation. Opening paths for faster, cost effective iteration, and end-use production across the radio frequency and microwave market space." – David Marini, CEO of Inkbit This launch marks Inkbit's official entry into the antenna systems and wave-guiding component space, offering a powerful alternative to traditional manufacturing of Gradient Index (GRIN) lenses, waveguides, and beam-steering structures. Making Scalable GRIN Lenses a RealityIn traditional workflows, GRIN lenses and dielectric components require multi-step manufacturing, precision machining, or complex assembly of stacked layers, each step introducing variability and imperfections that reduce electromagnetic performance. With Inkbit, these same components can be printed as monolithic parts, eliminating manual assembly while achieving tight control over dielectric gradients and geometries. What Inkbit COT SolvesCOT delivers a long-missing combination of low dielectric loss, thermal stability, and mechanical strength in additive manufacturing. These qualities were previously only possible through high cost, high labor processes. Now, engineers can iterate freely, without compromising material performance or waiting for custom tooling. "Limitations around existing material options and manufacturing processes has meant complex dielectric structures have mostly been an academic curiosity for antenna engineers." said Scott Twiddy, Materials R&D Lead at Inkbit. "We look to change that at Inkbit, with this new class of low-loss polymer that can be processed in high-resolution at a production scale. Engineers can iterate quickly without compromising on performance, utilizing the same materials and process for both development and production." Key Benefits for RF Designers: Low dielectric loss at mmWave frequencies Dimensional stability across high temperatures High print resolution and multi-material compatibility Tool-free fabrication of complex 3D dielectric geometries GRIN lensing validated up to 90 GHz Auto-Generate GRIN Lattices via Inkbit Construct "Iteration is the mother of invention," said Davide Marini, CEO of Inkbit. "With this new class of materials and our production platform, mmWave engineers can now design, test and deploy advanced dielectric components at a much higher iteration rate than was ever possible." Together with our VCJ platform, COT enables digitally-driven, scalable manufacturing of next-gen RF and microwave components, ideal for telecom, aerospace, and defense applications. Discover Inkbit RF Solutions: About InkbitInkbit is an additive manufacturing company located in Medford, Massachusetts. The Inkbit Vista™ system is designed for volume production of complex polymer 3D printed parts. Incorporating a novel technology called Vision-Controlled Jetting (VCJ), Inkbit delivers a multi-material additive manufacturing solution that accelerates the translation of ideas into products. Learn more at Media Contact:Jeff Enslowjenslow@ View original content to download multimedia: SOURCE Inkbit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
13-05-2025
- Business
- Cision Canada
TERAGO Reports First Quarter 2025 Financial Results
TORONTO , May 13, 2025 /CNW/ - TERAGO Inc. ("TERAGO" or the "Company") (TSX: TGO) ( Canada's largest mmWave spectrum holder (91% of spectrum held) and a leading provider of Managed Fixed Wireless Internet, 5G Private Wireless Networks and SD-WAN solutions today reported financial and operating results for the first quarter ended March 31, 2025. All figures reported in this release are in thousands of Canadian dollars. "Our first quarter performance reflects our disciplined focus on profitability and efficiency. We saw continued growth in ARPA, revenue backlog, and improved cost discipline, resulting in an increase in Adjusted EBITDA," said Daniel Vucinic, CEO of TERAGO. "I was also encouraged by the recent progress by ISED in supporting the position of mmWave spectrum in the Canadian connectivity ecosystem. In this regard, ISED's March 2025 consultation is an encouraging development, providing greater regulatory clarity and reflecting increased focus on the role of mmWave in evolving connectivity landscape. As demand for high-capacity, low-latency connectivity continues to rise, we believe our mmWave assets are well-aligned with future network needs. Overall, we are focused on driving profitable growth and creating value for customers, employees and shareholders." Selected Financial Highlights and Key Developments Total revenue marginally decreased by 0.9% to $6,414 for the quarter ended March 31, 2025 compared to $6,472 in the same period in 2024. The decrease was primarily driven by increased churn 1, stemming from management's continued initiatives to optimize the customer base by discontinuing service to unprofitable accounts. This was partially offset by increase in revenue from new customers in the current period. Adjusted EBITDA 1,2 for the quarter ended March 31, 2025 increased by 10.9% to $1,032 as compared to an Adjusted EBITDA 1,2 of $930 for the comparative period in 2024. The increase was a result of higher gross margin 1 combined with lower operating expenses in the current period compared to the same period in the prior year. Net loss for the quarter three months ended March 31, 2025 was $3,536, or $(0.18) per share (basic and diluted) compared to a loss of $3,547, or $(0.18) per share (basic and diluted) in the same period in 2024. ARPA 1 for the quarter ended March 31, 2025 increased by 6.2% to $1,229 compared to $1,158 for the same period in 2024. The increase in ARPA 1 was a result of the Company's ongoing focus to attract mid-market and large-scale, predominantly multi-location customers. Churn 1 for the quarter ended March 31, 2025 was higher at 1.2% compared to 0.8% for the same period in 2024. The increase in customer churn 1 was primarily driven by management's continued initiatives to optimize the customer base by discontinuing service to unprofitable accounts, partially offset by increase in revenue from new customers in the current year period. The Company continues to review, modify and improve its customer experience practices with a focus on reducing customer churn. Backlog MRR 1 increased year over year to $96,405 as of March 31, 2025, compared to $48,328 for the same period in 2024. The increase in backlog MRR 1 was a result of increased sales bookings in fiscal 2024 along with Company's continued focus on larger multi-site customers and on profitable revenue generation. In March 2025, Innovation, Science and Economic Development (ISED) published a Consultation, which among other things, proposes to repurpose the lower portion of the 26 GHz Band (24.25-26.5 GHz) to flexible use in keeping with international norms and provides insight into the Department's intentions with respect to the 26, 28 and 38 GHz (the mmWave bands) that are consistent with TERAGO's Fixed Wireless and 5G strategy. RESULTS OF OPERATIONS Comparison of the quarter ended March 31, 2025 and 2024 (In thousands of dollars, except with respect to gross profit margin 1, earnings per share 1, Backlog MRR 1, and ARPA 1) Management will host a conference call on Wednesday, May 14, 2025, at 10:00 AM ET to discuss these results. To access the conference call, please dial 877-545-0523 or 973-528-0016 and use conference ID 499641 if applicable. Please call the conference telephone number 15 minutes prior to the start time so that you are in the queue for an operator to assist in registering and patching you through. A replay of the conference call will be available through Wednesday, May 28, 2025 and can be accessed by dialing 877-481-4010 or 919-882-2331 and using passcode 52440#. A reconciliation of net loss to Adjusted EBITDA is found below and in the MD&A for the quarter ended March 31, 2025. Adjusted EBITDA does not have any standardized meaning under IFRS/GAAP. TERAGO's method of calculating Adjusted EBITDA may differ from other issuers and, accordingly, Adjusted EBITDA may not be comparable to similar measures presented by other issuers. The table below reconciles net loss to Adjusted EBITDA 1 for the quarter ended March 31 2025 and 2024. _____________________________ (1) See " Non-IFRS Measures" (2) See "Adjusted EBITDA" for a reconciliation of net loss to Adjusted EBITDA. (1) Non-IFRS Measures This press release contains references to "Cost of Services", "Gross Profit Margin", Salaries and Related Costs", "Other Operating Expenses", "Adjusted EBITDA", "Backlog MRR", "Churn" and "ARPA" which are not measures prescribed by IFRS Accounting Standards ("IFRS"). Cost of Services consists of expenses related to delivering service to customers and servicing the operations of our networks. These expenses include costs for the lease of intercity facilities to connect our cities, internet transit and peering costs paid to other carriers, network real estate lease expense, spectrum lease expenses, salaries and related costs of staff directly associated with the cost of services. Gross Profit Margin % consists of gross profit margin divided by revenue where gross profit margin is revenue less cost of services. Salaries and related costs includes regular payroll related expenses, commissions and consulting fees. All share based compensation, restructuring, other related costs are excluded from Salaries and related costs. Other operating expenses includes sales commission expense, advertising and marketing expenses, travel expenses, administrative expenses including insurance and professional fees, communication expenses, maintenance expenses and rent expenses for office facilities. All restructuring and other related costs are excluded from other operating expenses. Adjusted EBITDA - The Company believes that Adjusted EBITDA is useful additional information to management, the Board and investors as it provides an indication of the operational results generated by its business activities prior to taking into consideration how those activities are financed and taxed and also prior to taking into consideration asset depreciation and amortization and it excludes items that could affect the comparability of our operational results and could potentially alter the trends analysis in business performance. Excluding these items does not necessarily imply they are non-recurring, infrequent or unusual. Adjusted EBITDA is also used by some investors and analysts for the purpose of valuing a company. The Company calculates Adjusted EBITDA as earnings before deducting interest, taxes, depreciation and amortization, foreign exchange gain or loss, finance costs, finance income, gain or loss on disposal of network assets, property and equipment, impairment of property, plant & equipment and intangible assets, stock-based compensation and restructuring costs. Investors are cautioned that Adjusted EBITDA should not be construed as an alternative to operating earnings (losses), or net earnings (losses) determined in accordance with IFRS as an indicator of our financial performance or as a measure of our liquidity and cash flows. Adjusted EBITDA does not take into account the impact of working capital changes, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed in the consolidated statements of cash flows. Backlog MRR - The term "Backlog MRR" is a measure of contracted monthly recurring revenue (MRR) from customers that have not yet been provisioned. The Company believes backlog MRR is useful additional information as it provides an indication of future revenue. Backlog MRR is not a recognized measure under IFRS and may not translate into future revenue, and accordingly, investors are cautioned in using it. The Company calculates backlog MRR by summing the MRR of new customer contracts and upgrades that are signed but not yet provisioned, as at the end of the period. TERAGO's method of calculating backlog MRR may differ from other issuers and, accordingly, backlog MRR may not be comparable to similar measures presented by other issuers. ARPA - The term "ARPA" refers to the Company's average revenue per account per month in the period. The Company believes that ARPA is useful supplemental information as it provides an indication of our revenue from an individual customer on a per month basis. ARPA is not a recognized measure under IFRS and, accordingly, investors are cautioned that ARPA should not be construed as an alternative to revenue determined in accordance with IFRS as an indicator of our financial performance. The Company calculates ARPA by dividing our total revenue before revenue from early terminations by the number of customers in service during the period and we express ARPA as a rate per month. TERAGO's method of calculating ARPA has changed from the Company's past disclosures to exclude revenue from early termination fees, where ARPA was previously calculated as revenue divided by the number of customers in service during the period. TERAGO's method may differ from other issuers, and accordingly, ARPA may not be comparable to similar measures presented by other issuers. Churn - The term "churn" or "churn rate" is a measure, expressed as a percentage, of customer cancellations in a particular month. The Company calculates churn by dividing the number of customer cancellations during a month by the total number of customers at the end of the month before cancellations. The information is presented as the average monthly churn rate during the period. The Company believes that the churn rate is useful supplemental information as it provides an indication of future revenue decline and is a measure of how well the business is able to renew and keep existing customers on their existing service offerings. Churn and churn rate are not recognized measures under IFRS and, accordingly, investors are cautioned in using it. TERAGO's method of calculating churn and churn rate may differ from other issuers and, accordingly, churn may not be comparable to similar measures presented by other issuers. About TERAGO TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada's biggest mmWave spectrum holders, the Company possesses 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 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 and its suite of wireless internet and SD-WAN solutions, please visit 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. The forward-looking statements reflect the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those risks set forth in the "Risk Factors" section in the Annual Information Form for the year ended December 31, 2024 and risks set forth in the "Financial Risk Management" section in the annual MD&A of the Company for the year ended December 31, 2024 available on and under the Company's corporate profile. Factors that could cause actual results or events to differ materially include the inability to consistently achieve sales growth across all lines of TERAGO's business including managed services, inability to complete successful 5G technical trials, the results of the 5G trials not being satisfactory to TERAGO or any of its technology partners, regulatory requirements may delay or inhibit the trial, the economic viability of any potential services that may result from the trial, the ability for TERAGO to further finance and support any new market opportunities that may present itself, and industry competitors who may have superior technology or are quicker to take advantage of 5G technology. Accordingly, readers should not place undue reliance on forward-looking statements as several factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed with the forward-looking statements. 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.
Yahoo
13-05-2025
- Business
- Yahoo
TERAGO Reports First Quarter 2025 Financial Results
TORONTO , May 13, 2025 /CNW/ - TERAGO Inc. ("TERAGO" or the "Company") (TSX: TGO) ( Canada's largest mmWave spectrum holder (91% of spectrum held) and a leading provider of Managed Fixed Wireless Internet, 5G Private Wireless Networks and SD-WAN solutions today reported financial and operating results for the first quarter ended March 31, 2025. All figures reported in this release are in thousands of Canadian dollars. "Our first quarter performance reflects our disciplined focus on profitability and efficiency. We saw continued growth in ARPA, revenue backlog, and improved cost discipline, resulting in an increase in Adjusted EBITDA," said Daniel Vucinic, CEO of TERAGO. "I was also encouraged by the recent progress by ISED in supporting the position of mmWave spectrum in the Canadian connectivity ecosystem. In this regard, ISED's March 2025 consultation is an encouraging development, providing greater regulatory clarity and reflecting increased focus on the role of mmWave in evolving connectivity landscape. As demand for high-capacity, low-latency connectivity continues to rise, we believe our mmWave assets are well-aligned with future network needs. Overall, we are focused on driving profitable growth and creating value for customers, employees and shareholders." Selected Financial Highlights and Key Developments Total revenue marginally decreased by 0.9% to $6,414 for the quarter ended March 31, 2025 compared to $6,472 in the same period in 2024. The decrease was primarily driven by increased churn1, stemming from management's continued initiatives to optimize the customer base by discontinuing service to unprofitable accounts. This was partially offset by increase in revenue from new customers in the current period. Adjusted EBITDA1,2 for the quarter ended March 31, 2025 increased by 10.9% to $1,032 as compared to an Adjusted EBITDA1,2 of $930 for the comparative period in 2024. The increase was a result of higher gross margin1 combined with lower operating expenses in the current period compared to the same period in the prior year. Net loss for the quarter three months ended March 31, 2025 was $3,536, or $(0.18) per share (basic and diluted) compared to a loss of $3,547, or $(0.18) per share (basic and diluted) in the same period in 2024. ARPA1 for the quarter ended March 31, 2025 increased by 6.2% to $1,229 compared to $1,158 for the same period in 2024. The increase in ARPA1 was a result of the Company's ongoing focus to attract mid-market and large-scale, predominantly multi-location customers. Churn1 for the quarter ended March 31, 2025 was higher at 1.2% compared to 0.8% for the same period in 2024. The increase in customer churn1 was primarily driven by management's continued initiatives to optimize the customer base by discontinuing service to unprofitable accounts, partially offset by increase in revenue from new customers in the current year period. The Company continues to review, modify and improve its customer experience practices with a focus on reducing customer churn. Backlog MRR1 increased year over year to $96,405 as of March 31, 2025, compared to $48,328 for the same period in 2024. The increase in backlog MRR1 was a result of increased sales bookings in fiscal 2024 along with Company's continued focus on larger multi-site customers and on profitable revenue generation. In March 2025, Innovation, Science and Economic Development (ISED) published a Consultation, which among other things, proposes to repurpose the lower portion of the 26 GHz Band (24.25-26.5 GHz) to flexible use in keeping with international norms and provides insight into the Department's intentions with respect to the 26, 28 and 38 GHz (the mmWave bands) that are consistent with TERAGO's Fixed Wireless and 5G strategy. _____________________________ (1) See " Non-IFRS Measures" (2) (2) See "Adjusted EBITDA" for a reconciliation of net loss to Adjusted EBITDA. RESULTS OF OPERATIONS Comparison of the quarter ended March 31, 2025 and 2024(In thousands of dollars, except with respect to gross profit margin1, earnings per share1, Backlog MRR1, and ARPA1) (in thousands of dollars, unaudited) Quarter ended March 31 20252024% ChgFinancial Total Revenue $ 6,4146,472(0.9) Cost of Services1 $ 1,6721,751(4.5) Gross Profit Margin173.9 %72.9 %1.4 Salaries and Related Costs1 $ 2,7242,6692.1 Other Operating Expenses1 $ 9861,122(12.1) Adjusted EBITDA1,2 $ 1,03293010.9 Net Loss $ (3,536)(3,547)(0.3) Basic & diluted loss per share $ (0.18)(0.18)(1.0)Quarter ended March 31 20252024Chg Operating Backlog MRR1 Connectivity $ 96,40548,32848,078 Churn Rate1 Connectivity1.2 %0.8 %0.4 % ARPA1 Connectivity $ 1,2291,1586.2 % Conference Call Management will host a conference call on Wednesday, May 14, 2025, at 10:00 AM ET to discuss these results. To access the conference call, please dial 877-545-0523 or 973-528-0016 and use conference ID 499641 if applicable. Please call the conference telephone number 15 minutes prior to the start time so that you are in the queue for an operator to assist in registering and patching you through. A replay of the conference call will be available through Wednesday, May 28, 2025 and can be accessed by dialing 877-481-4010 or 919-882-2331 and using passcode 52440#. A reconciliation of net loss to Adjusted EBITDA is found below and in the MD&A for the quarter ended March 31, 2025. Adjusted EBITDA does not have any standardized meaning under IFRS/GAAP. TERAGO's method of calculating Adjusted EBITDA may differ from other issuers and, accordingly, Adjusted EBITDA may not be comparable to similar measures presented by other issuers. The table below reconciles net loss to Adjusted EBITDA1 for the quarter ended March 31 2025 and 2024. (in thousands of dollars, unaudited) Quarter ended March 31 20252024 Adjusted EBITDA1 $ 1,032930 Deduct: Depreciation of network assets, property and equipment and amortization of intangible assets2,3422,419 Stock-based compensation expense228183 Restructuring and other costs65618 Loss from operations(1,603)(2,290) Add/deduct: Foreign exchange gain(9)10 Finance costs1,9641,303 Finance income(22)(56) Net loss for the period $ (3,536)(3,547) _____________________________ (1) See " Non-IFRS Measures" (2) See "Adjusted EBITDA" for a reconciliation of net loss to Adjusted EBITDA. (1) Non-IFRS Measures This press release contains references to "Cost of Services", "Gross Profit Margin", Salaries and Related Costs", "Other Operating Expenses", "Adjusted EBITDA", "Backlog MRR", "Churn" and "ARPA" which are not measures prescribed by IFRS Accounting Standards ("IFRS"). Cost of Services consists of expenses related to delivering service to customers and servicing the operations of our networks. These expenses include costs for the lease of intercity facilities to connect our cities, internet transit and peering costs paid to other carriers, network real estate lease expense, spectrum lease expenses, salaries and related costs of staff directly associated with the cost of services. Gross Profit Margin % consists of gross profit margin divided by revenue where gross profit margin is revenue less cost of services. Salaries and related costs includes regular payroll related expenses, commissions and consulting fees. All share based compensation, restructuring, other related costs are excluded from Salaries and related costs. Other operating expenses includes sales commission expense, advertising and marketing expenses, travel expenses, administrative expenses including insurance and professional fees, communication expenses, maintenance expenses and rent expenses for office facilities. All restructuring and other related costs are excluded from other operating expenses. Adjusted EBITDA - The Company believes that Adjusted EBITDA is useful additional information to management, the Board and investors as it provides an indication of the operational results generated by its business activities prior to taking into consideration how those activities are financed and taxed and also prior to taking into consideration asset depreciation and amortization and it excludes items that could affect the comparability of our operational results and could potentially alter the trends analysis in business performance. Excluding these items does not necessarily imply they are non-recurring, infrequent or unusual. Adjusted EBITDA is also used by some investors and analysts for the purpose of valuing a company. The Company calculates Adjusted EBITDA as earnings before deducting interest, taxes, depreciation and amortization, foreign exchange gain or loss, finance costs, finance income, gain or loss on disposal of network assets, property and equipment, impairment of property, plant & equipment and intangible assets, stock-based compensation and restructuring costs. Investors are cautioned that Adjusted EBITDA should not be construed as an alternative to operating earnings (losses), or net earnings (losses) determined in accordance with IFRS as an indicator of our financial performance or as a measure of our liquidity and cash flows. Adjusted EBITDA does not take into account the impact of working capital changes, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed in the consolidated statements of cash flows. Backlog MRR - The term "Backlog MRR" is a measure of contracted monthly recurring revenue (MRR) from customers that have not yet been provisioned. The Company believes backlog MRR is useful additional information as it provides an indication of future revenue. Backlog MRR is not a recognized measure under IFRS and may not translate into future revenue, and accordingly, investors are cautioned in using it. The Company calculates backlog MRR by summing the MRR of new customer contracts and upgrades that are signed but not yet provisioned, as at the end of the period. TERAGO's method of calculating backlog MRR may differ from other issuers and, accordingly, backlog MRR may not be comparable to similar measures presented by other issuers. ARPA - The term "ARPA" refers to the Company's average revenue per account per month in the period. The Company believes that ARPA is useful supplemental information as it provides an indication of our revenue from an individual customer on a per month basis. ARPA is not a recognized measure under IFRS and, accordingly, investors are cautioned that ARPA should not be construed as an alternative to revenue determined in accordance with IFRS as an indicator of our financial performance. The Company calculates ARPA by dividing our total revenue before revenue from early terminations by the number of customers in service during the period and we express ARPA as a rate per month. TERAGO's method of calculating ARPA has changed from the Company's past disclosures to exclude revenue from early termination fees, where ARPA was previously calculated as revenue divided by the number of customers in service during the period. TERAGO's method may differ from other issuers, and accordingly, ARPA may not be comparable to similar measures presented by other issuers. Churn - The term "churn" or "churn rate" is a measure, expressed as a percentage, of customer cancellations in a particular month. The Company calculates churn by dividing the number of customer cancellations during a month by the total number of customers at the end of the month before cancellations. The information is presented as the average monthly churn rate during the period. The Company believes that the churn rate is useful supplemental information as it provides an indication of future revenue decline and is a measure of how well the business is able to renew and keep existing customers on their existing service offerings. Churn and churn rate are not recognized measures under IFRS and, accordingly, investors are cautioned in using it. TERAGO's method of calculating churn and churn rate may differ from other issuers and, accordingly, churn may not be comparable to similar measures presented by other issuers. _____________________________ (1) See " Non-IFRS Measures" About TERAGO TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada's biggest mmWave spectrum holders, the Company possesses 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 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 and its suite of wireless internet and SD-WAN solutions, please visit 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. The forward-looking statements reflect the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those risks set forth in the "Risk Factors" section in the Annual Information Form for the year ended December 31, 2024 and risks set forth in the "Financial Risk Management" section in the annual MD&A of the Company for the year ended December 31, 2024 available on and under the Company's corporate profile. Factors that could cause actual results or events to differ materially include the inability to consistently achieve sales growth across all lines of TERAGO's business including managed services, inability to complete successful 5G technical trials, the results of the 5G trials not being satisfactory to TERAGO or any of its technology partners, regulatory requirements may delay or inhibit the trial, the economic viability of any potential services that may result from the trial, the ability for TERAGO to further finance and support any new market opportunities that may present itself, and industry competitors who may have superior technology or are quicker to take advantage of 5G technology. Accordingly, readers should not place undue reliance on forward-looking statements as several factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed with the forward-looking statements. 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. View original content:
Zawya
25-03-2025
- Business
- Zawya
Nokia and TAWAL showcase world's first 5G SA mmWave active sharing trial to enhance connectivity for Saudi venues
Maximizing spectrum efficiency, reducing deployment costs, and unlocking new revenue streams Trial utilized Nokia's AirScale mmWave with Multi-Operator Core Network (MOCN) active sharing technology to enable efficient spectrum sharing among multiple operators. Riyadh, Saudi Arabia – Nokia, together with TAWAL, stc, and Zain, supported by the Communication, Space and Technology Commission (CST), has successfully completed the world's first 5G standalone (SA) mmWave spectrum-sharing trial during LEAP 2025 in Riyadh, using 800 MHz bandwidth in the 26 GHz band. This innovative approach enables communication service providers (CSPs) and enterprises to efficiently share advanced network infrastructure, offering superior performance at a lower cost. It further enables TAWAL to provide shareable active infrastructure as a service, effectively expanding their service offerings and revenue potential through partnership with Nokia's pioneering mmWave and active sharing technology. Saudi Arabia is experiencing rapidly increasing demand for ultra-high-speed mobile connectivity, driven by major upcoming events including Expo 2030. This growth requires robust, cost-efficient, and high-capacity mobile solutions that can be rapidly deployed at large-scale venues like shopping malls, airports, stadiums, and exhibition centers. TAWAL is strategically positioned to fulfill this demand, leveraging the upcoming mmWave spectrum release. Nokia's AirScale mmWave and active RAN sharing technology uniquely address this challenge, enabling rapid deployment, enhanced spectrum utilization, and significant cost savings, aligning perfectly with Nokia's strategic objective to expand business with neutral hosts and infrastructure providers. Mohammed Al Hakbani, CEO of TAWAL, said: We are pleased to achieve this successful experience in partnership with stc, Zain KSA, and Nokia and by the enablement of CST. This achievement sets a new benchmark in indoor and outdoor connectivity and reinforces our commitment to leveraging the latest technologies to deliver innovative solutions that meet the evolving needs of our customers.' Mikko Lavanti, Head of Middle East and Africa at Nokia, said: 'This trial demonstrates the transformative potential of 5G mmWave and active sharing technology. By collaborating closely with innovative infrastructure partners like TAWAL, we are enabling a new model for shared connectivity infrastructure that enhances performance, efficiency, and end-user experience. This approach will set a benchmark for future smart venues and giga projects across Saudi Arabia and beyond.' The trial utilized Nokia's advanced AirScale mmWave products combined with Multi-Operator Core Network (MOCN) active sharing technology, enabling multiple operators to share the same active radio network infrastructure without compromising network performance, reliability, or security. About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.
