Nuran Wireless Inc.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Francis Letourneau
- Sector
- Technology
- Industry
- Communication Equipment
- Address
- 1190B, de Courchevel Lévis QC Canada G6W 0M6
- IPO Date
- Feb 17, 2017
- CIK
- 0001680637
- Website
- nuranwireless.com
- Similar Companies
- Business
- NuRAN Wireless Inc. (CSE: NUR; OTCQB: NRRWF), founded in 2014 and headquartered in Quebec, Canada, develops, manufactures and supplies affordable mobile and broadband wireless infrastructure solutions; these include GSM LiteCell base stations for rural and remote coverage, OC-2G carrier-grade GSM base stations, Litecell-xG multi-standard 2G/3G/4G base stations, Nexus Core Network for small-to-medium 2G/3G operations, SENTINEL network management systems, INSIGHT geo-intelligence services, SOLSTICE off-grid solar phone charging solutions and Network-as-a-Service (NaaS) for end-to-end rural network deployment; the company targets mobile network operators serving underserved populations in emerging markets, primarily Africa. NuRAN operates through direct sales and NaaS segments, with subsidiaries and incorporations in Mauritius, Cameroon, Democratic Republic of Congo, South Sudan, Côte d'Ivoire and Madagascar to support regional expansion; it maintains global presence via headquarters staff of approximately 35 employees and local teams totaling around 50 personnel. Recent developments include major NaaS contracts with Orange and MTN Group for over 4,600 sites across Cameroon (242 sites), DRC (2,000 sites), South Sudan (250 sites), Namibia (150 sites), Sudan (500 sites), Ivory Coast (1,000 sites) and Madagascar (500 sites), with options for further growth; in 2025, the company deployed 40 new sites by April including 20 in March, secured a US$5 million loan facility from Cygnum Capital with drawdowns totaling over US$3.5 million including a recent US$1.05 million tranche and US$1 million from FEI, amended factoring agreements to increase facilities to $25.5 million, achieved positive EBITDA in Cameroon operations and announced a $7.2 million CAPEX contract for rural network expansion; NuRAN targets 204 additional sites by June 2025 and positive EBITDA across operations while bridging the digital divide in remote African communities.
NuRAN Wireless Announces Private Placement and Provides Corporate Updates
NuRAN Wireless Files Nasdaq Listing Application and Appoints Navindran Naidoo and Gerard Lokossou as Strategic Advisors for Operational and Commercial Growth
NuRAN Announces Closing of Additional Debt Settlements and Correction of Press Release
NuRAN Provides Clarification and Corrections Regarding Restructuring Transaction Disclosure
NuRAN Launches its First 3G Site in Cameroon
NuRAN Announces Closing of the Restructuring Transaction and Initial Tranche of Additional Debt Settlements
NuRAN Restores Sites in Ghana and Resumes Network Deployment Activities in the Democratic Republic of the Congo
NuRAN Announces Intention to Close the Restructuring Transaction and Additional Debt Settlements
CSE Bulletin: Consolidation - NuRAN Wireless Inc. (NUR)
NuRAN Announces Intention to Complete Consolidation in Preparation to the Restructuring Transaction
NuRAN Wireless Reports Third Quarter 2025 Financial Results
NuRAN Closes Interim Private Placement in Preparation for Restructuring Transaction
NuRAN Announces Final Results of Annual General & Special Meeting of Shareholders
NuRAN Announces Partial Results of 2025 Annual General & Special Meeting of Shareholders and Adjournment to October 29, 2025
NuRAN Wireless Announces Adjournment of its Annual General and Special Meeting
NuRAN Receives US$ 1M from FEI, a Cygnum Capital's Fund
NuRAN Wireless Issues Clarifying News Release and Announces Adjournment of Its Annual General and Special Meeting
NuRAN Announces a $7.2M CAPEX Contract for Rural Mobile Network Expansion Project in Africa
NURAN WIRELESS Reports Second Quarter 2025 Financial Results
NuRAN Closes Private Placement of Shares While it Continues Negotiations to Replace or Restructure its Current Debt