May 2, 2022

​NuRAN Wireless (CNSX:NUR, OTCMKTS:NRRWF) CEO Francis Létourneau Interview

Midas Letter
Midas Letter
​NuRAN Wireless (CNSX:NUR, OTCMKTS:NRRWF) CEO Francis Létourneau Interview
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NuRAN Wireless Inc (CNSX:NUR, OTCMKTS:NRRWF) announced it has been selected by a Tier-One Mobile Network Operator as part of its Rural RFP for thousands of network sites in over 15 countries in the Middle East and Africa. This selection assures NuRAN the opportunity to bring its unique turnkey rural and remote mobile connectivity solutions to over 15 countries to potentially connect up to 50 million people.

NuRAN is working with the operator to finalize a general framework agreement intended to set the global terms for the Group. Then NuRAN is expected to complete the process by signing a NaaS Services Agreement with each selected country subsidiary to establish the number of sites committed under the contract. NuRAN intends to provide a further update once the general framework agreement is entered into.

This is another big step for NuRAN Wireless in growing wireless network coverage in remote and rural regions around the globe. NuRAN’s affordable and scalable solutions of 2G, 3G, and 4G technologies offer a new possibility for billions of people to communicate effectively over long distances efficiently and affordably.

Transcript

📡 NuRAN Wireless Inc (CNSX: NUR, OTCMKTS: NRRWF) CEO Francis Létourneau (00:00)

🥇 Selected by Tier 1 Mobile Operator (MNO) for RPF for Thousands of Mobile Sites (00:37)

🏗 How many sites are under contract? (01:17)

💰 When revenues will start? (02:27)

💸 CAPEX (03:48)

💼 Non-dilutive deal (07:00)

🌍 African subsidiary ownership (07:54)

📈 Company fundamentals/valuation after deal (09:33)

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