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NuRAN Wireless Completes Successful Trial in Guinea in Record Time for a Tier-One Operator
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Quebec, QC, Canada / TheNewswire / November 29, 2016 – NuRAN Wireless Inc. (“NuRAN Wireless” or the “Company”) (CSE: NUR) (OTC:NRRWF), a leading supplier of mobile and broadband wireless solutions to connect the next billion, is pleased to announce that it has successfully completed a trial in Guinea that is expected to lead to many additional deployments in the country.
NuRAN Wireless, in partnership with the wholesale operator Africa Mobile Network (“AMN”), brought mobile connectivity to the approximately 3000 inhabitants of the remote villages of Djiffa and Fonodougou in Guinea, through a solar-powered radio access network. The interworking with the Tier-1 operator’s core network was performed in record time, allowing the population to get voice and data connectivity for the very first time in their villages in less than two weeks after the trial’s start date. The final installation onsite took place in a single day, allowing the enthusiastic locals to perform calls in the same evening through their new low-power consumption network.
“We were impressed by the speed at which NuRAN achieved interoperability with the core network, and by how the sites have been yielding strong KPIs since day one”, says Michael Darcy, CEO of AMN. “There is no doubt LiteRAN 2G was built from the ground up for carriers to expand their footprint into remote, rural areas. They succeeded in enabling mobile connectivity for the Next Billion at minimal total cost of ownership (TCO), while exceeding expectations in terms of performance and reliability.”
“This conclusive trial in such a record time testifies of the maturity of the technology behind NuRAN’s LiteRAN 2G. Not only does our solution solves the main issues faced by operators willing to establish mobile networks in rural areas, it is now proven that it does so without compromising on reliability, quality or ease of installation and interworking. Meeting these criterias is crucial and this project perfectly illustrates why NuRAN, with its reliable solution and its experienced engineering team, is the first choice when it comes to rural connectivity” explained Martin Bedard, Co-CEO and Co-President of NuRAN Wireless. “NuRAN and AMN made for a solid team on this project and we’re confident that the success we experienced in Guinea will be often repeated in the future.”
This trial shall lead to an undisclosed amount of additional sites installations.
About AMN
AMN’s mission is to build mobile network base stations serving rural communities in sub-Saharan Africa which have no existing service, providing mobile network operators with a capex-free route to add new subscribers and new revenues and with incremental costs. The vision of AMN is a fully-connected Africa, with no community of any significant size being without basic telecommunications services to deliver social, economic, educational and other benefits to the population. For more information contact AMN at info@africamobilenetworks.com
About NuRAN Wireless
NuRAN Wireless is a leading supplier of mobile and broadband wireless solutions. Its innovative GSM, LTE, and White Space radio access network (RAN) and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for mobile network operators and internet service providers.
The Corporation provides a variety of specialist systems for indoor coverage, rural and urban connectivity in emerging markets, connectivity to offshore platforms and ships, and for emergency and crisis communications.
For further Information about NuRAN Wireless or Nutaq Innovations;
www.nuranwireless.com or www.nutaq.com
Martin Bédard and Patrice Rainville
Co-Presidents and Co-CEOs
Tel: (418) 914-7484 Fax: (418) 914-9477
Toll Free: 1-855-914-7484 Email: info@nuranwireless.com ; info@nutaq.com
No regulatory authority has approved or disapproved the information contained in this news release.
Forward Looking Statements
This press release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “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 statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of NuRAN Wireless to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include: the Company’s quest to connect the next billion; that this strategic acquisition allows Nuran to offer a complete mobile and broadband solution and the ability to secure the Nuran solution as the leader in rural and remote mobile connectivity, that the acquisition reinforces NuRAN’s strategic positioning towards new and small operators by offering an end-to-end mobile small-cell network solution with the lowest Total-Cost-of-Ownership (TCO) on the market and that the acquisition will allow NuRAN the opportunity to bring cellular coverage to emerging market where the return on investment (ROI) was previously simply too low. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Such forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to: the ability of NurRAN Wireless to obtain necessary financing; general economic conditions in Canada and globally; competition for, among other things, capital and skilled personnel; our ability to hire and retain qualified employees and key management personnel; possibility that government policies or laws may change; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; reliance on a limited number of suppliers; risks related to the Company’s competition; failure to integrate the technology and assets acquired from the Vendors and the Company’s failure to adequately protect its intellectual property; interruption or failure of information technology systems and other risk factors described in the Company’s reports filed on SEDAR), including its financial statements for the year ended October 31, 2015, and those referred to under the heading “Risk Factors”. These forward-looking statements should not be relied upon as representing NuRAN Wireless’ views as of any date subsequent to the date of this press release.