Nuran Wireless wins $7.2M contract in Africa

Executive Summary

• Nuran Wireless Inc. has secured a $7.2 million capital expenditure (CapEx) contract with a state-owned mobile network operator to expand rural mobile network coverage in West Africa.
• The three-year agreement involves the deployment of up to 200 network sites, with Nuran acting as the lead contractor responsible for end-to-end delivery, including equipment supply, logistics, and installation.
• The project aligns with Nuran's growth strategy of establishing cost-efficient operational hubs and leveraging its LiteCell xG technology to bridge the digital divide in underserved communities.

Key Details

• Contract Value: Approximately $7.2 million CAD.
• Counterparty: A state-owned mobile network operator (MNO).
• Project Scope: Deployment of up to 200 sites to expand mobile coverage in a rural region of West Africa.
• Duration: The contract is expected to span three years.
• Payment Structure: Payments will be made to Nuran based on agreed project milestones.
• Role: Nuran acts as the lead contractor, overseeing and managing all suppliers and stakeholders.
• Technical Solution: Powered by Nuran's LiteCell xG technology.
• Responsibilities:
  • Provision of Radio Access Network (RAN) equipment.
  • End-to-end delivery management.
  • Sourcing of transmission materials, towers, power systems, and other ancillaries.
  • Site selection, logistics, and installation at rural and remote sites.
  • Ongoing management and maintenance of the network (contingent on a subsequent agreement).
• Strategic Impact: Supports two core pillars of Nuran's growth strategy:
  1. Establishing a cost-efficient and operational hub in proximity to deployment sites to reduce costs and improve efficiency.
  2. Leveraging expertise to deliver innovative connectivity solutions and scale operations.
• Financial Outlook: Margins from comparable projects are expected to support capital investments in Nuran's Network-as-a-Service (NaaS) deployment.

Notable Quotes

• "This agreement represents another significant step forward in Nuran's mission to bridge the digital divide. By leading this turnkey project, we are proud to deliver reliable and sustainable connectivity solutions that will transform rural communities. This project underscores the trust that operators place in our expertise and our ability to drive large-scale deployments in partnership with world-class stakeholders," stated Francis Letourneau, chief executive officer of Nuran Wireless.