NuRAN Wireless Inc. (CSE:NUR, FWB:1RN, OTCMKTS:NRRWF), a leading supplier of mobile and broadband wireless infrastructure solutions is pleased to announce it has signed a trial agreement with an undisclosed Tier-One mobile network operator (‘the Operator”) for Kenya
NuRAN Wireless Inc. (CSE:NUR,FWB:1RN,OTCMKTS:NRRWF), a leading supplier of mobile and broadband wireless infrastructure solutions is pleased to announce it has signed a trial agreement with an undisclosed Tier-One mobile network operator (‘the Operator”) for Kenya
According to the agreement, NuRAN and the Operator will perform a field trial of LiteRAN 2G, NuRAN’s leading mobile network infrastructure solution for rural connectivity. The trial is a prerequisite step towards an expected rollout of hundreds of sites which have been already identified throughout the country. The trial is expected to be completed within calendar Q1 2019.
The Republic of Kenya has a population of approximately 48 Million people and has the largest economy in eastern and central Africa. Outside of the urban centres, 2G networks continue to dominate as most devices are 2G compatible and therefore necessitating continued and sustained investment.
“We are very pleased to be entering the Kenyan market. This deal represents a small sample of many more agreements expected throughout Africa and the rest of the world with a number of Tier One operators.” states Francis Letourneau, VP Sales and Marketing at NuRAN Wireless Inc.
No regulatory authority has approved or disapproved the information contained in this news release.
About NuRAN Wireless
NuRAN Wireless is a leading supplier of mobile and broadband wireless infrastructure solutions. Its innovative radio access network (RAN), core network, and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for established, as well as emerging mobile network operators. Indoor coverage, isolated rural communities, offshore platforms and ships, NuRAN Wireless helps its customers reach everyone, everywhere.
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Forward Looking Statements
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the timing of the Offering, the use of proceeds from the Offering, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NuRAN Wireless Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis that is available on the Company’s profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.