“We finished the first quarter of 2024 with strong year-over-year growth of revenue, gross margin and adjusted EBITDA, driven by Wavelo’s performance on a fully-migrated Boost subscriber base, robust subscriber growth at Ting, and a solid quarter from Tucows Domains,” said Elliot Noss, Tucows President and CEO. “We continue to balance investment in building the Ting and Wavelo businesses with managing our debt. In Q1, we continued to deleverage the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains.”
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