Quebec, QC, October 3, 2016 – Nuran Wireless Inc. (“Nuran Wireless or the “Company”) (CSE:NUR) a leading supplier of mobile and broadband wireless solutions to connect the next billion, is pleased to announce that it has now reached its goal of establishing a footprint in five (5) continents worldwide including the initiation of 6 trials in countries new to Nuran.
Introduced at the Mobile World Congress in February 2016 and held in Barcelona, NuRAN’s GSM LiteCell 1.5 is the lowest Total-Cost-of-Ownership (TCO) radio access network in the market worldwide. Its GSM base station is designed specifically for use in rural, low-density and lower average revenue per user (“ARPU”) urban areas thus extending coverage for up to 20 kilometers.
As significant as the LiteCell 1.5 success has been, Nuran’s recent software assets acquisition specifically for the purpose of connecting to an operator’s core network for the purpose of providing the most optimized VSAT backhaul core, is also generating an expected high level of interest from tier-one operators worldwide.
LiteCell 1.0 had already been deployed in many countries, worldwide. Our new solution, LiteCell 1.5, is already establishing its dominance for rural emerging markets in many countries within Africa, Asia, the Middle East and South America. The solution offers the right alternative for Mobile Network Operators (MNO) to increase their coverage and number of subscribers and also pleasing their respective government which have been lobbying to bring connectivity to the un-served.
Following Facebook’s initiative to connect the next billion through its Telecom Infra Project (https://telecominfraproject.com) where NuRAN is an active member, we offer the best solution to reach this objective. NuRAN’s GSM LiteCell has already been deployed in North and South America (including Mexico), Europe, Africa, Asia and Oceania where it has given rural communities network coverage for the very first time.
LiteCell 1.5 is also being trialled by a significant number of additional operators and community organisations on all continents providing voice coverage to villages in rural areas not currently covered by any kind of voice or data network as well as in urban areas where there are still opportunities to provide an affordable service to lower ARPU customers. Successful trials may convert into thousands of units in the coming years.
“We made a major statement to the market in early 2016 by switching from OEM (Original Equipment Manufacturer) model to a direct sales model through software and hardware acquisitions and significant in house product improvements. This strategic switch will have a significant payback to the company and its shareholders. Our goal is to significantly increase the volume of sales through a more predictable business model and with the added benefit of having greater control of our own destiny.” stated Martin Bedard, Co-President and Co-CEO of Nuran Wireless.
