Join us as NuRan Wireless Goes “Beyond the Deck.” We delve into the ground-breaking world of NuRan Wireless, the driving force behind high-speed internet access for remote and underserved areas worldwide. This interview provides an inside look at NuRan’s remarkable journey and their mission to bridge the digital divide.
In today’s connected world, we often take high-speed internet access for granted, but for billions living in rural and remote regions, it remains an elusive dream. NuRan Wireless, a leader in mobile and broadband wireless infrastructure solutions, is changing that narrative. With a staggering $800 million in signed contracts over the next decade across seven countries, including partnerships with two of the world’s largest mobile network operators, NuRan is making waves in the telecommunications industry.
Francis Létourneau, CEO, and Jim Bailey, CFO, guide us through their ambitious plans. Within five years, NuRan aims to operate 10,000 sites, generating $200 million in revenue and $100 million in EBITDA, spanning 15 countries across two continents.
The heart of NuRan’s mission lies in extending the reach of mobile network operators into remote areas where they’ve traditionally hesitated to invest. NuRan takes on the risk and responsibility to deploy comprehensive network infrastructure, from towers to power systems and radios, all managed under ten-year contracts with mobile operators. Think of NuRan as the essential left arm extending connectivity to the unconnected villages scattered across Africa and beyond.
During this interview, Jim Bailey unveils the financial strategies that fuel NuRan’s expansion. With each site’s average value estimated at $25,000, the potential for $250 million in investments to reach their targets is undeniable. NuRan’s seven contracts, including agreements with giants like Orange and MTN, validate their position as a key player in the industry. Additionally, a group framework agreement with MTN opens doors to 20 countries and a potential 19,000 sites.
The interview sheds light on NuRan’s unique approach, including Network as a Service (NAS), a turnkey managed service that has garnered significant investor interest. As of now, NuRan has secured $59 million in capital since their strategic shift in 2021, and contracts with major operators covering 4,642 sites, forming their impressive backlog.
NuRan’s journey is a testament to third-party validation, as working with the world’s largest mobile operators underscores their technology’s credibility and superiority. Tune-in as NuRan Wireless goes “Beyond The Deck” to learn more about their inspiring mission to connect the unconnected and the incredible numbers backing their vision for a digitally inclusive future.