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Bullboard - Stock Discussion Forum 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... see more

CSE:NUR - Post Discussion

NuRAN Wireless Inc > Takeaways from new company interview
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Post by BCdude on Feb 12, 2021 10:50am

Takeaways from new company interview

Great new video interview, posted by Glut1980. It really underlines the scope of where this company is going over the next five years and beyond.

Apart from the current $500 million deal with Orange and $33 million deals with Cameroon and ISAT, there are four more African countries NUR is negotiating with Orange. PLUS, Orange is in 12 additional African countries beyond these six. PLUS, in the mid term there are many other telcom providers in other parts of the world that have expressed interest in NUR's technology.

I also like what Jim Bailey said about the numbers -- they've assumed a very low 20% adoption rate, which is expected to be much higher in reality. So plenty of room for uspside to the announced contract numbers, margins, and profits. He also mentioned that if a particular location isn't producing more than the assumed 20% after 2-3 years, they can move the equipment to another site where it can be better utilized.

The next year or two will be NUR's opportunity to implement and prove out this business model, with a mountain of business due to come their way as they do. Five years from now this should be trading at many multiples of the current share price.

GLTA
Comment by Stockrocker on Feb 12, 2021 1:32pm
Well said. Lots of upside out there. They mention they will announce when their first tower is up and running. Curious as to when that will be, but 2000 Towers over 40 Months means at some point they are going to have to start going up at 50+ per month. Not going to hold out hope for a Latin American contract just yet, seemed like they thought that would be further on. Would love to see another ...more  
Comment by oceaneleven on Feb 12, 2021 1:36pm
does not take long to put a  tower up..I have one on my property and I get free unlimited internet...Once all the flags were put in for digging purposes they came in and did it all in one day...that includes trenching lines, power hook up yadda yadda...but because they are putting up in the jungle, could be challenging with all the monkeys and snakes YIKES!!!!!!
Comment by BCdude on Feb 12, 2021 1:44pm
The time consuming part will likely be laying all the ground work -- building a local team, securing the financing, and sourcing the parts and equipment needed to build it out. Once all of that is in place, the construction could happen fairly quickly as you say. My guess is that with 2,000 towers they will likely divide the country into sections and prioritize each one so that the team or teams ...more  
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