Quebec, QC, Canada, January 16th, 2018 – NuRAN Wireless Inc. (CSE: NUR) (OTC: NRRWF) is pleased to announce it started shipping OC-LTE base stations to key customers and partners for field trials across the globe.
NuRAN Wireless started shipping pre-production units of OC-LTE, a 4G outdoor base station specifically built for rural and remote locations. The majority of units will be integrated and operated within mobile operators’ networks, including tier-one operators in Africa, South America and South-East Asia. Successful qualification by the operators is expected to lead to deployments representing several thousands of units, with initial rollouts expected to start within 2018.
OC-LTE is a carrier-grade 4G LTE base station capable of being powered by solar, and designed to bring affordable mobile broadband connectivity in both rural and remote areas. It has been designed by NuRAN Wireless and Cavium (NASDAQ:CAVM), as part of the Telecom Infra Project’s (telecominfraproject.com) OpenCellular, a Facebook (NASDAQ:FB) lead initiative dedicated to disrupting the traditional telecom network infrastructure and bringing innovative solutions to close the digital divide.
In their latest report entitled “Enabling Rural Coverage” published in December 2017, the GSM Association (www.GSMA.com ) reported a connectivity gap of 3.7 billion people, of which 1.2 billion are beyond network reach, thus highly impacting their economic and social development, their capacity to participate in the digital economy, getting basic e-government services and preventing them from efficiently communicating with the outside world.
“Shipping our first OC-LTE units is a major milestone for NuRAN Wireless. It opens the doors to a larger market than previously accessible by offering a high-performance, high-throughput and yet affordable connectivity solution. We are very proud of this accomplishment and look forward to bridging this extremely important social gap while rewarding our longstanding shareholders” commented Martin Bédard, President and CEO of NuRAN Wireless.
No regulatory authority has approved or reviewed the contents of the information contained in this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
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