Quebec, Canada, October 25, 2018 – NuRAN Wireless Inc. (“NuRAN Wireless” or the “Company”) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN) Further to our press release announced on October 23, 2018 whereby Nuran announces receiving initial order from Africa Mobile Networks (“AMN”), Nuran would like to congratulate AMN for its partnership with Intelsat (I:NYSE) announced on October 16, 2018 to connect ultra-rural sub-Saharan Africa. In the press release, Intelsat stated that it has made a strategic investment in AMN to accelerate the adoption of mobile connectivity in the region and close the digital divide.
Given the economic and geographic complexities of expanding mobile connectivity to the ultra-rural areas of Africa, many mobile network operators (MNOs) face barriers when trying to deploy their networks to these areas. AMN provides MNOs with a network-as-a-service (NaaS) solution in which AMN will fund, build and operate the ultra-rural network for the operators. As a result, African mobile operators will be able to extend their coverage with minimal opex and capex risk, enabling them to grow their subscriber and revenue base, and better serve all their customers.
Sub-Saharan Africa has been described as the world’s fastest growing mobile region in the recent years with smart phone connections expected to double over the next two years to nearly 200 million. Hans Geldenhuys, Managing Sales Director at Intelsat Africa was interviewed on October 22 on CNBC Africa regarding this important investment.
Intelsat operates the world’s first Globalized Network, delivering high-quality, cost-effective video and broadband services anywhere in the world. Intelsat’s Globalized Network combines the world’s largest satellite backbone with terrestrial infrastructure, managed services and an open, interoperable architecture to enable customers to drive revenue and reach through a new generation of network services. Thousands of organizations serving billions of people worldwide rely on Intelsat to provide ubiquitous broadband connectivity, multi-format video broadcasting, secure satellite communications and seamless mobility services. The end result is an entirely new world, one that allows us to envision the impossible, connect without boundaries and transform the ways in which we live.
