Quebec, QC, Canada, April 19th, 2018 – NuRAN Wireless Inc. (CSE: NUR) (OTC: NRRWF) (FSE : 1RN) is pleased to announce it has been selected by Frost and Sullivan for the 2018 Sub-Saharan African Tower Infrastructure Enabling Technology Leadership Award, recognizing the significant social and economical impact of its rural-targeted mobile connectivity solutions.
Frost & Sullivan awarded NuRAN with this prestigious recognition for its innovative mobile infrastructure solutions and underlying technologies which are enabling Sub-Saharan mobile operators to expand their network, and subscriber reach, into the more rural and remote areas. In its analysis, Frost & Sullivan underlines the significant impact of NuRAN’s technology on not only the African, but worldwide thrust towards digital inclusion of the next billion, and highlights the company’s leadership position in rural connectivity.
“We are very pleased to be recognized by Frost and Sullivan for our product quality and innovation, and for being considered as best-suited to assist operators grow their subscriber bases outside of traditional urban environment. ” stated Martin Bedard, CEO and President of NuRAN Wireless. “The Frost & Sullivan Award confirms that NuRAN is recognized internationally for its technological leadership in mobile wireless, and more specifically for connecting the unserved and underserved in a sustainable manner.” added Mr Bedard.
Centric to the award is NuRAN’s LiteRAN 2G, a radio access network solution designed specifically to provide cellular connectivity to sparse, remote demographics of developing and third-world countries. The technology is particularly well adapted to areas that are beyond the grid, and out of terrestrial backhaul reach; With a power consumption equivalent to that of a lightbulb, LiteRAN 2G provides service to up to 10,000 inhabitants with a coverage area in excess of 100 square kilometers. The technology also features advanced bandwidth optimization, down to one tenth of what was traditionally required. With operators facing the challenging economics of rural connectivity, NuRAN’s breakthrough technologies reduce CAPEX and OPEX such that previously non-profitable rural network expansion projects may now be carried on with economical viability.
Also cited in Frost & Sullivan’s analysis is NuRAN’s recent achievement around mobile broadband solutions adapted to Sub-Saharan markets. This initiative marks the beginning of NuRAN’s portfolio expansion, aimed at addressing the needs of the more data-hungry demographics. “With LiteRAN 2G, NuRAN has broken connectivity barriers by making mobile network infrastructure affordable enough for the next billion people to access voice, text messages, and basic data services. NuRAN is now positioning itself to further disrupt mobile network infrastructure by creating 3G and 4G radio access solutions that will dramatically lower the total cost of ownership for mobile operators”, stated Maxime Dumas, Vice-President of Strategy & Corporate Development. In addition to greenfield network deployment, the upcoming solutions will address the significantly larger market segment of existing infrastructure upgrade. With 2G still being the dominant technology in operation, and subscribers demanding higher data throughputs, operators are pressured to offer increased capacity, with little promise of revenue increase. “They therefore seek for upgrade solutions that minimize the overall financial commitment and yield the highest return, which is exactly what NuRAN can bring to them. Strong of our successful business with operators in remote rural, we have a privileged accesses to introduce our broadband solutions as our offering converges towards the more developed and populous demographics”, added Mr Dumas.
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