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 > Looking good

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Comment by Resilience19on Oct 11, 2022 1:18pm

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Post# 35017565

RE:Looking good

Two headwinds: 1) NUR is dtill some ways from its 400 sites, by year end (2.5 months to go) and 2) if I'm not mistaken it needs to secure around $4M of its own funds IAW DFI funding agreement. If so, this last element may lead to some measure of dilution.Based on these, I expect the sp to go in low 0.50s to high 0.40s before year's end. This said, if NUR can scale up deployment of towers in 2023, this is likely to lead to a very promising year, but, at this time, it still needs to show the goods