{"id":14040,"date":"2019-09-30T09:30:44","date_gmt":"2019-09-30T13:30:44","guid":{"rendered":"https:\/\/nuranwireless.com\/?p=14040"},"modified":"2019-09-30T09:30:44","modified_gmt":"2019-09-30T13:30:44","slug":"nuran-signs-4-75m-contract-for-literan-2g-literan-xg-and-nexus-core-network","status":"publish","type":"post","link":"https:\/\/nuranwireless.com\/en\/news-nl\/nuran-signs-4-75m-contract-for-literan-2g-literan-xg-and-nexus-core-network\/","title":{"rendered":"NuRAN Signs $4.75M Contract for LiteRAN 2G, LiteRAN xG, and Nexus Core Network"},"content":{"rendered":"<p><em>Quebec, QC, Canada, September 30th, 2019<\/em> \u2013 <a href=\"https:\/\/nuranwireless.com\/\">NuRAN Wireless Inc.<\/a> (\u201cNuRAN Wireless\u201d or the \u201cCompany\u201d) (<a href=\"http:\/\/thecse.com\/en\/listings\/technology\/nuran-wireless-inc\">CSE: NUR<\/a>) (<a href=\"https:\/\/www.otcmarkets.com\/stock\/NRRWF\/quote\">OTC: NRRWF<\/a>) (<a href=\"http:\/\/en.boerse-frankfurt.de\/stock\/Nuran_Wireless-share\">FSE: 1RN<\/a>) announces the closing of a CAD $4,750,000 contract.<\/p>\n<p>Through this contract, NuRAN Wireless will deliver and install complete satellite-backhauled cellular sites including tower and solar power for enhanced mobile connectivity services to remote islands in the Pacific Ocean region. NuRAN will bring mobile and broadband capability to the client through its LiteRAN 2G, LiteRAN xG, and Nexus core network. The announcement follows the previous announcement made on May 15, 2019. The closing of the contract took longer than expected due to a revision of the scope to include additional sites which increased the total contractual value from $4M to $4.75M.<\/p>\n<p>Maxime Dumas, President &amp; CEO of NuRAN Wireless stated: \u201cThis contract confirms NuRAN\u2019s leading position in providing mobile and broadband infrastructure solutions and the Company\u2019s unequalled capability to break profitability barriers for clients previously set by traditional vendors. Mr. Dumas continued: \u201cWe are enabling mobile operators to expand their network much further while capturing an enviable return on their investment. NuRAN\u2019s software-defined 2G-3G-4G multi-standard radio access network solution, combined with its Nexus core network provide turnkey, state-of-the-art, future-proof infrastructure with capacity that evolves with the needs of the subscribers thereby maximizing the mobile operator\u2019s return while limiting its investment\u201d.<\/p>\n<p>The contract is effective immediately and scheduled to span a total of 20 months, with the majority of the contract value being delivered within the first six months.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>About NuRAN Wireless<\/strong><\/p>\n<p>NuRAN Wireless is a leading supplier of mobile and broadband wireless infrastructure solutions. Its innovative radio access network (RAN), core network, and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for established, as well as emerging mobile network operators. Indoor coverage, isolated rural communities, offshore platforms and ships, NuRAN Wireless helps its customers reach everyone, everywhere.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>For further information about NuRAN Wireless;<\/strong><\/p>\n<p><a href=\"https:\/\/nuranwireless.com\/\">www.nuranwireless.com<\/a><\/p>\n<p>Maxime Dumas<br \/>\nPresident &amp; CEO<br \/>\n<a href=\"mailto:info@nuranwireless.com\">info@nuranwireless.com<\/a><br \/>\n(418) 914-7484<\/p>\n<p>&nbsp;<\/p>\n<p>Mark Berry<\/p>\n<p><a href=\"mailto:markberry@rogers.com\">markberry@rogers.com<\/a><\/p>\n<p>(416) 200-6768<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/nuranwireless.com\/fls-02142017\/\"><strong>Forward Looking Statements<\/strong><\/a><\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Quebec, QC, Canada, September 30th, 2019 \u2013 NuRAN Wireless Inc. (\u201cNuRAN Wireless\u201d or the \u201cCompany\u201d) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN) announces the closing of a CAD $4,750,000 contract. Through [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[50,29],"tags":[],"class_list":["post-14040","post","type-post","status-publish","format-standard","hentry","category-investors","category-news-nl"],"_links":{"self":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/comments?post=14040"}],"version-history":[{"count":1,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14040\/revisions"}],"predecessor-version":[{"id":14041,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/posts\/14040\/revisions\/14041"}],"wp:attachment":[{"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/media?parent=14040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/categories?post=14040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nuranwireless.com\/en\/wp-json\/wp\/v2\/tags?post=14040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}