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.

CSE:NUR - Post by User

NuRAN Wireless Inc

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Post by sonofabachon Feb 11, 2020 11:29am

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Post# 30674146

Will they need to raise $$ to fund their MNE model

Based on this excerpt in their announcement yesterday, I wonder if the price is being kept down because they "may" need to raise funds to fund their MNE rollout.

"While rollouts under the MNE model require the Company to make upfront investments, they are foreseen to generate significant value whereby NuRAN will benefit from long-term recurring revenues with compelling return on investment."

Here is the link to valiadate my quotes ... https://stockhouse.com/news/press-releases/2020/02/10/nuran-provides-a-corporate-update

I dont want to see this drop any further but I am curious as to what others may think.

Cheers!

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