Quebec City, Canada, February 4th, 2019
Highlights:
- Over 500 units
- New orders for deployment in Africa
- Part of the 3000+ potential sites as stated in the previously announced agreement with AMN
- All units to be delivered in 2019
NuRAN Wireless Inc. (“NuRAN Wireless” or the “Company”) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN), a leading supplier of mobile and broadband wireless infrastructure solutions is pleased to announce that it has received new purchase orders totaling $1.25 Million CAD related to an agreement signed and previously announced (the “Agreement”) with Africa Mobile Networks (“AMN”) on June 14, 2018.
The Agreement stipulates that NuRAN is to supply the OC-2G, a GSM basestation that is developed by NuRAN, to over 3,000 sites throughout Africa. These AMN purchase orders comprised of over 500 units contributes to the Telecom Infra Project’s OpenCellular, a Facebook (FB:NASDAQ) initiative. NuRAN plans to deliver the OC-2G units for AMN in Africa in 2019.
As previously stated, Africa Mobile Networks is a group of companies organised with its corporate head office in the UK and subsidiary operating companies in several sub-Saharan African countries. Per the announcement on October 16, 2018, AMN partnered with Intelsat (I:NYSE) to connect ultra-rural sub-Saharan Africa. In that announcement, 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.
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.
No regulatory authority has approved or disapproved the information contained in this news release.
About NuRAN Wireless
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