Date Closed

May 31, 2011

Lead Office

Toronto

On May 31, 2011, TeraGo Networks Inc. announced that it has completed its previously announced purchase of the customer and network assets of MetroBridge Networks International Inc.

TeraGo Networks has acquired substantially all of MetroBridge’s customers, related network infrastructure, real estate leases, and other assets. MetroBridge's broadband fixed wireless network, which covers the Lower Mainland of British Columbia and Vancouver, adds approximately 600 business customer locations to TeraGo's network.

TeraGo Networks, headquartered in Dorval, Québec, provides small and medium sized businesses with carrier-grade wireless broadband, data and voice communications services. The national network service provider owns and manages its wireless IP network servicing more than 5,300 customer locations in 43 major markets across Canada including Toronto, Montreal, Ottawa, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo Networks is a Competitive Local Exchange Carrier (CLEC) and is a wholly owned subsidiary of TeraGo Inc.

McCarthy Tétrault LLP represented TeraGo Networks, as acquiror, with a team led by W. Palm.