NuRAN Wireless Inc C.NUR

Alternate Symbol(s): NRRWF

NuRAN Wireless Inc. is a Canada-based mobile and broadband wireless infrastructure solutions provider. The Company is focused on providing a network as a service. It provides second generation (2G), third generation (3G) and fourth generation wireless solutions to rural and remote areas. It operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and services to the mobile telephony industry. Its radio access network, core network and backhaul products give mobile network operators the ability to serve remote, low income and low population density locations, an unfeasible proposition with existing systems. Its wireless infrastructure systems are mobile wireless infrastructure equipment that uses small cell solutions. Its products include OC-2G, Litecell-xG and global system for mobile communications (GSM) LiteCell. Its tower categories include Lite Rural Site 2G, and Rural G2U2 Site 2G and 3G.

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NuRAN Wireless Inc > Scumbags

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Comment by lscfaon Jan 06, 2024 6:30pm

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Post# 35814109

RE:Scumbags

be more specific.

Cost Reduction.

Over the last nine months, as a response to delays in DFI funding, the Company has taken steps to reduce costs including salary reductions and deferrals by the management team. Management is looking at options to settle this accrued debt which now surpasses CA$300,000, with over CA$175,000 from Francis Letourneau, into shares.In addition, management, led by the CEO, have personally funded over $125,000 to cover ongoing expenses to support operations and R&D.

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