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Driving Digital Transformation: NuRAN Wireless and the Expansion of Africa’s Connectivity

Posted by Paul Nanuwa at 10:46 AM on Thursday, September 19th, 2024

Introduction:

As Africa continues its digital transformation journey, the continent’s undersea internet cables symbolize a pivotal leap in bridging the digital divide. These technological advancements not only reshape connectivity but also catalyze economic growth and societal progress. Amid these developments, NuRAN Wireless is playing a vital role, aligning its ambitious goals with industry innovations. As we trace the history of undersea cables and their profound impact on connectivity, NuRAN Wireless stands poised to capitalize on the current momentum, supported by its strategic milestones and ongoing expansion into underserved regions.

Industry Outlook and NuRAN Wireless’s Trajectory

The rapid development of Africa’s internet infrastructure, driven by undersea cables, has brought increased bandwidth, lower internet costs, and new digital opportunities across the continent. However, while urban centers have reaped the rewards, rural and remote areas still grapple with significant connectivity gaps. As a leading supplier of mobile and broadband wireless infrastructure, NuRAN Wireless is strategically positioned to address these gaps with its Network-as-a-Service (NaaS) model. By deploying cost-effective, scalable solutions, NuRAN is extending connectivity to regions previously out of reach.

NuRAN’s efforts align with industry trends highlighted in the macro-level overview. The ongoing investments in undersea cables have improved internet access for businesses, educational institutions, and healthcare providers, and NuRAN’s infrastructure solutions aim to amplify these gains by bringing high-speed mobile access to even the most remote areas.

Voices of Authority

NuRAN Wireless CEO, Francis Letourneau emphasizes that connectivity is the gateway to unlocking Africa’s economic potential.

“We are committed to bridging the connectivity gap in rural and underserved regions of Africa. Our solutions are not just about bringing mobile networks to these areas; they’re about empowering communities with access to education, healthcare, and economic opportunities.” – Francis Letourneau, CEO, NuRAN Wireless

This statement reflects NuRAN’s strategic approach, as the company continues to focus on empowering underserved communities with reliable and affordable wireless services. By aligning with these industry dynamics, NuRAN is not just building towers—it’s building opportunities for growth, innovation, and inclusivity.

“Our NaaS model is a game-changer for Africa. It allows us to rapidly deploy affordable and scalable solutions to areas where traditional network rollouts have been economically unviable, ensuring that no one is left behind in the digital revolution.”- Francis Letourneau, CEO, NuRAN Wireless

NuRAN Wireless’s Highlights

NuRAN has made significant strides in expanding rural connectivity across Africa, and its recent achievements reflect its growing role in the sector. The company has signed multiple NaaS agreements, including a five-year contract with MTN Benin for the deployment of up to 200 new sites. This brings NuRAN’s total contracted sites to over 5,000, surpassing 50% of its goal to build 10,000 sites within five years.

These deployments are particularly notable in countries like Cameroon, where NuRAN is working to complete 122 sites while also launching operations in Ivory Coast, South Sudan, and the Democratic Republic of the Congo. By leveraging its flexible business model, NuRAN continues to expand its presence in regions with the highest need for reliable internet access.

Key Highlights and Advantages: A Quarter of Growth

NuRAN’s second-quarter financial results for 2024 reflect the company’s strong operational performance and strategic initiatives:

  • Revenue Surge: NuRAN reported a revenue of $1.51 million for Q2 2024, a 151% increase compared to the same period in 2023. This surge is primarily attributed to the growth of its NaaS revenue, including backdated billing in Cameroon, which was not invoiced in the previous year.
  • Impressive Gross Profit: The company’s gross profit soared by 646%, reaching $1.19 million, a significant turnaround from the negative gross profit reported in Q2 2023. This improvement highlights the effectiveness of NuRAN’s operations in Cameroon, where the gross margin hit 79% for the quarter.
  • Controlled Expenses: While total expenses rose by 58% to $4.01 million, largely due to increased financial costs related to short-term borrowings, NuRAN successfully reduced its net loss by 14% to $2.43 million, signaling better cost management and operational efficiency.

Real-World Relevance

For the everyday investor, NuRAN’s contributions to Africa’s connectivity can be likened to the construction of highways in an isolated region. Just as these roads open up new routes for commerce and communication, NuRAN’s mobile towers bring the internet to people and businesses that were previously cut off from the digital economy. By expanding mobile coverage to rural areas, NuRAN is not only enabling local businesses to reach new markets but also providing access to essential services like telemedicine and e-learning, which can significantly improve quality of life.

Looking Ahead with NuRAN Wireless

NuRAN’s forward-looking strategy is well-aligned with the optimistic industry forecast. As Africa continues to build its digital backbone with undersea cables and complementary technologies, the need for mobile and broadband infrastructure in remote areas will only grow. NuRAN’s vision of deploying cost-efficient, sustainable wireless solutions positions the company to be a critical player in the next wave of Africa’s connectivity revolution. With projects lined up across multiple countries and strategic partnerships in place, NuRAN is prepared to seize new opportunities in both existing and emerging markets.

Conclusion:

In a rapidly evolving digital landscape, NuRAN Wireless is emerging as a key contributor to Africa’s connectivity growth. As the industry continues to expand and adapt to new challenges, NuRAN’s innovative solutions and strategic deployment of mobile networks put the company at the forefront of closing the digital divide. The company’s commitment to bridging connectivity gaps and fostering inclusive development makes it a strong contender in the race to shape Africa’s digital future.

YOUR NEXT STEPS

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VIDEO – Kidoz Inc. $KIDZ $KDOZF Co-CEOs Talk Stunning Q1 Growth, Unstoppable Business Model, & More

Posted by AGORACOM at 9:41 AM on Friday, June 4th, 2021

Kidoz owns the biggest mobile advertising platform for kids and families. How big? There are almost 4,000 apps around the world using Kidoz, reaching over 300 MILLION kids. The company works with top brands, including Disney, McDonald’s, Hasbro, and Lego, and is a trusted partner of Apple and Google. 

We sat down with Kidoz Inc. $KIDZ $KDOZF Co-CEOs Jason Williams & Eldad Ben Tora to discuss their explosive, unstoppable business model, their stunning Q1 growth, and more.

  • Total Revenue of $1,55M up 58% 
  • AdTech revenue of $1,5M up 68%
  • 2021 Gross Profit of $685,041 up 54% 
  • 2021 EBITDA of up 111%

Check out the full interview down below.

Good Life Networks Property, 495 Communications, Partners with inMobi, a Mobile Advertising Company That Reaches 1.5BN Mobile Devices $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM at 11:04 AM on Wednesday, April 24th, 2019
https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564624/hub/GLNLogo-black-11.jpg
  • 495 Communications LLC signed on inMobi, a global mobile advertising platform that reaches over 1.5 billion unique mobile devices
  • inMobi helps clients like L’Oréal, Kelloggs, Samsung and Mastercard efficiently and effectively find target consumers across mobile and tablet devices

Vancouver, British Columbia–(Newsfile Corp. – April 24, 2019) – Good Life Networks Inc. (TSXV: GOOD) (FSE: 4G5) (“GLN“, or the “Company“), a Vancouver-based programmatic advertising technology company is pleased to announce that 495 Communications LLC. (“495“), a GLN digital property, has signed on inMobi, a global mobile advertising platform that reaches over 1.5 billion unique mobile devices.
inMobi helps clients like L’Oréal, Kelloggs, Samsung and Mastercard efficiently and effectively find target consumers across mobile and tablet devices. Founded in 2007, inMobi is a global provider of enterprise platforms for marketers. The platform enables consumers to discover new products and services by providing contextual, relevant, and curated recommendations on mobile apps and devices. Their mobile-first platform allows brands, developers and publishers to engage consumers through mobile advertising.


Jesse Dylan, CEO of GLN
commented, “The success of companies like inMobi demonstrates that major brands and advertisers are looking for more effective ways to reach consumers outside of Facebook and Google, without the liability of personal identifiable information being used. The 495 team continues its exceptional performance by growing their strong network of clients.”

495 is a leading Connected Television (“CTV“), advertising and content marketing company. 495 focuses on building and developing CTV and Over the Top (“OTT“) channels for the sake of monetization and content distribution. CTV refers to any smart TV that can be connected to the internet and can stream OTT content beyond what is available from a traditional cable provider. OTT refers to any device (Roku, PlayStation, Xbox, Apple TV) that can be connected to a TV to allow for the delivery of video from the internet.

The GLN Story

GLN’s patent pending technology is the engine that sits between advertisers and publishers. A highlight of GLN’s tech is that it does not collect PII (Personal Identifiable Information). Built for cross device video advertising: Mobile, In-App, Desktop and CTV (Connected Television) the GLN Programmatic Video Advertising Platform has among the lowest fraud rates of similar vendors in the industry. Advertisers make more money by reaching their target audience more effectively. GLN makes money by retaining a percentage of the advertiser’s fee.

GLN is headquartered in Vancouver, Canada with offices in Newport Beach and Santa Monica California, New York and the United Kingdom and trades on the TSXV under the stock symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5. For further information on the Company, visit www.glninc.ca.

CONTACT

Investor Relations
[email protected]

Jesse Dylan, CEO
604 265 7511

CLIENT FEATURE: Kuuhubb $KUU.ca Mobile Video Gaming And Apps For Women; $US 4.9M Quarterly Revenues, +50M Downloads, 14M Quarterly Users $TCEHY $ATVI $CYOU

Posted by AGORACOM-JC at 4:05 PM on Tuesday, December 18th, 2018
KUU: TSX-V

Why Kuuhubb?

  • All time app downloads of +50M
  • Quarterly* sessions of +200M
  • Quarterly* active users of +14M
  • Quarterly gross* revenue of $4.9M
  • Partnerships: Kellogg’s and Samsung
  • Aggressive Global Growth Plans Now Underway
  • Japan Already Established Japan Mobile Revenues
  • Have Surpassed The USA For 3 Consecutive Years
  • India, Korea and China Are Forthcoming
  • Global Social App Comparables Are Trading At $58/Monthly Active User (MAU) (Excluding Facebook)

The Company’s Differentiator? Kuuhubb Delivers Mobile Gaming & Lifestyle Apps Geared Towards Female Audiences. KUU Is Now Focusing On Asian Markets, The World’s Largest & Fastest Growing Mobile Games Market

Portfolio

Kuuhubb growth is undeniable, with rapid growth in revenues quarter over quarter.  The company’s flagship app (Recolor) has experienced strong growth in downloads, sessions and monthly active users, indicating a winning product

Hub On AGORACOM /Corporate Profile

FULL DISCLOSURE: Kuuhubb is an advertising client of AGORA Internet Relations Corp.

FEATURE: Kuuhubb $KUU.ca Mobile Video Gaming And Apps For Women; $US 6.6M Quarterly Revenues, 33M Downloads, 7M Monthly Active Users $TCEHY $ATVI $CYOU

Posted by AGORACOM-JC at 3:21 PM on Friday, May 4th, 2018

Why Kuuhubb?

  • $US 6.6 Million Quarterly Revenues
  • 200 Million Quarterly Sessions
  • 33 Million Downloads
  • 7 Million Monthly Active Users (MAU)
  • Partnerships: Kellogg’s and Samsung
  • Research Reports Target Significantly Higher Prices (Please Refer To Echelon Wealth Partners and Cormark Securities)
  • Aggressive Global Growth Plans Now Underway
  • Japan Already Established. Japan Mobile Revenues
  • Have Surpassed The USA For 3 Consecutive Years
  • India, Korea and China Are Planned For 2018
  • Global Social App Comparables Are Trading At $58/Monthly Active User (MAU) (Excluding Facebook)

Kuuhubb $KUU.ca Reports Quarterly Revenue Of $USD 6.6 Million Led By In-App Purchases and Global Brand Partnerships$TCEHY $ATVI $CYOU

Posted by AGORACOM-JC at 8:20 AM on Tuesday, April 10th, 2018

Kuihub large

Financial Highlights for the Three Month Period Ended March 31, 2018:

  • Revenue: Increased to US$6.6 million during the three months ended March 31, 2018, an increase from the previous quarter ended December 31, 2017 (which was US$6.35 million).

TORONTO, April 10, 2018 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V:KUU), a technology company focused on acquiring, developing and distributing mobile game applications, is pleased to provide an update on recent financial performance.  References below to “US$” are to United States dollars.  The Company’s consolidated financial statements (and related management’s discussion and analysis) for the quarter ended March 31, 2018 are planned to be published on or before May 30, 2018. The Company’s financial year end is June 30.

Financial Highlights for the Three Month Period Ended March 31, 2018:

  • Revenue: Increased to US$6.6 million during the three months ended March 31, 2018, an increase from the previous quarter ended December 31, 2017 (which was US$6.35 million).  This revenue was generated from existing and new user sales of the Recolor app, the in-application purchases of virtual goods from the My Hospital game, along with in-application advertising revenue.
  • Advertising Revenue Contribution:  The three months ending March 31, 2018 was the first full quarter where the Company’s newly introduced advertising monetization model was fully implemented and showing immediate revenue contribution.
  • Brand and IP Owner Partnerships: Continue to play an essential role in Kuuhubb’s growth strategy.  Highly customized campaigns with Kellogg’s and Lionsgate have proven to be very successful with high user engagement.  For the three months ended March 31, 2018, the Company signed additional contracts with new globally recognized brands and IP owners, and expects to see a significant increase in revenue from this stream in the coming quarters.
  • Nearing Cash Flow Break-Even: During the quarter ended March 31, 2018 the Company operated at or near cash flow break-even.  In addition, Kuuhubb also repaid, as scheduled, a significant amount of debt (equivalent to about US$650,000) during the period ending March 31, 2018 strengthening the Company’s balance sheet.
  • Improved Financial Position: The Company is pleased to announce it has improved its financial position in order implement and accelerate its Asian project and product road map.  The Company secured during the quarter ended March 31, 2018 US$1.6 million in additional funds, which included a pre-payment from advertising platform partners and bank loan.  With this additional cash, the Company has the necessary funds to adequately execute on its numerous global growth initiatives.

Jouni Keränen, CEO of Kuuhubb, stated: “I am proud of the Kuuhubb team for delivering another solid quarter achieving both quarter-on-quarter revenue growth and month-on-month cash flow break-even.  With the additional, non-dilutive cash injection, the Company is well positioned to execute the growth drivers of Japan, India and Android launches, as well as expanding the product portfolio.”

About Kuuhubb
Kuuhubb is a company active in the digital space that focuses mainly on lifestyle and mobile game applications.  Its strategy is to create sustainable shareholder value through acquisitions of proven, yet underappreciated, assets with robust long-term growth potential.  Headquartered in Helsinki, Finland, Kuuhubb has a global presence with a strong focus on developing U.S. brand collaborations and Asian partnerships.

Cautionary Note Concerning Forward-Looking Information
This press release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to future and increased revenue and development and growth of the Company’s business) are forward-looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, risks related to the growth strategy of the Company, the possibility that results from the Company’s growth plans will not be consistent with the Company’s expectations, the early stage of the Company’s development, competition from companies in a number of industries, the ability of the Company to manage expansion and integrate acquisitions into its business, future business development of the Company and the other risks disclosed under the heading “Risk Factors” in the Company’s annual information form dated October 30, 2017 filed on SEDAR at www.sedar.com. Forward-looking information speaks only as of the date on which it is provided and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward- looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Kuuhubb Inc.
Jouni Keränen – CEO
[email protected]
Office: +358 40 590 0919

Bill Mitoulas
Investor Relations
[email protected]
Office:  +1 (416) 479-9547

#Gaming stock KuuHubb $KUU.ca has 413% upside, Echelon Wealth Partners says $TCEHY $ATVI $CYOU

Posted by AGORACOM-JC at 10:30 AM on Saturday, April 7th, 2018

 

  • KuuHubb Inc. (TSXV:KUU) is a small cap Top Pick for Ralph Garcea, analyst with Echelon Wealth Partners
  • On Wednesday, Garcea reiterated his “Speculative Buy” and target of C$4.00 for KUU

April 5, 2018 By Jayson MacLean

With an eye towards expansion into Asian markets and an experienced management team able to get the job done, mobile game and lifestyle company KuuHubb Inc. (TSXV:KUU) is a small cap Top Pick for Ralph Garcea, analyst with Echelon Wealth Partners. On Wednesday, Garcea reiterated his “Speculative Buy” and target of C$4.00 for KUU.

Last month, Helsinki, Finland-based KuuHubb reported its FQ2/18 financials, which showed a revenue increase of 123 per cent over the previous quarter, much of those gains coming from its leading digital colouring book app, Recolor, says Garcea, who thinks that KUU will be EBITDA positive by FY2019.

“We believe momentum continued for KUU into FQ3/18 (Mar) and expect results to be up q/q, driven by growth in Recolor and MyHospital,” says the analyst in a research note to clients. “In addition, the acquisition of the blockchain-enabled mobile e-sports platform (Valiance UG) is designed to support both mobile e-sports competitors and content creators and provides them with opportunities to monetize their involvement playing e-sports titles.

Garcea says that shareholder value should come from key acquisitions of proven, under-appreciated assets, projected that the company’s capable management team should be launching its mobile games in India and Japan this quarter.

“KuuHubb’s co-founder and CEO, Jouni Keränen, has over 18 years of international business and management experience, with particular experience and in-depth knowledge of the online games industry and market in China and elsewhere in Asia, which are a particular area of focus for KuuHubb in its business plans,” the analyst says.

“We believe there is plenty of upside in our estimates as KUU expands across demographics and into adjacent lifestyle categories (like interior design, fashion and jewelry, home and garden, etc.),” says the analyst. “We note that the Global Social App comparables are trading on average (excl. Facebook) at a multiple of US$40/monthly active users (MAU). Applying this multiple to KUU’s 7.0 million MAUs would value the Company at US$280 million (or C$6.50-7.50/shr).”

The analyst’s $4.00 target price represents a 413 per cent projected return on investment as of publication date.

Source: https://www.cantechletter.com/2018/04/gaming-stock-kuuhubb-has-413-upside-echelon-wealth-partners-says/

Kuuhubb $KUU.ca Signs Term Sheet to Acquire Full Global Rights and Revenue to My Hospital Game #Apps #Mobile

Posted by AGORACOM-JC at 10:27 AM on Wednesday, February 28th, 2018

Kuihub large

  • Signed a non-binding term sheet to acquire the full global rights and revenue to the My Hospital game
  • Purchase price of 2.6 million Euros would be paid in monthly installments between May 2019 and June 2021.  
  • Additionally, after Kuuhubb has recouped the entire purchase price, Cherrypick Games would be entitled to 25% net profit share

TORONTO, Feb. 28, 2018 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V:KUU) announces that it has signed a non-binding term sheet to acquire the full global rights and revenue to the My Hospital game.

“We are very satisfied with the growth of My Hospital during the past months.  To maximize the overall profitability for Kuuhubb, we are in discussions to expand our cooperation with Cherrypick Games on My Hospital.  The proposed deal structure is expected to provide Kuuhubb with cash flow and profitability as well as create long-term value through our expanding product portfolio globally,” commented Jouni Keränen, CEO of Kuuhubb.

Based on the terms of the non-binding term sheet, the current distribution agreement, which ends June 2019, would be changed to a purchase agreement for My Hospital full global rights.  The purchase price of 2.6 million Euros would be paid in monthly installments between May 2019 and June 2021.  Additionally, after Kuuhubb has recouped the entire purchase price, Cherrypick Games would be entitled to 25% net profit share.  Cherrypick Games would continue the current game development and update efforts until June 2021.

The proposed My Hospital acquisition is subject to the execution of the definitive documentation in respect of such acquisition and receipt of any required TSX Venture Exchange acceptance.

About Kuuhubb
Kuuhubb is a company active in the digital space that focuses mainly on lifestyle and mobile video game applications. Its strategy is to create sustainable shareholder value through acquisitions of proven, yet underappreciated, assets with robust long-term growth potential. Headquartered in Helsinki, Finland, the Company has a global presence with a strong focus on developing U.S. brand collaborations and Asian partnerships.

Cautionary Note Concerning Forward-Looking Information
This press release contains forward-looking information.  All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the completion of the proposed My Hospital acquisition, the development and growth plans for My Hospital, future cash flow and profitability, growth of the Company’s business and expected benefits from the proposed My Hospital acquisition) are forward-looking information.  This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company.  Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.  Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to execute the definitive documentation in respect of, or complete, the proposed My Hospital acquisition, risks related to the growth strategy of the Company, the possibility that results from the proposed My Hospital acquisition will not be consistent with the Company’s expectations, the early stage of the Company’s development, competition from companies in a number of industries, the ability of the Company to manage expansion, future business development of the Company and the other risks disclosed under the heading “Risk Factors” in the Company’s annual information form dated October 30, 2017 filed on SEDAR at www.sedar.com.  Forward-looking information speaks only as of the date on which it is provided and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.  Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Kuuhubb Inc.
Jouni Keränen – CEO
[email protected]
Office: +358 40 590 0919

Bill Mitoulas
Investor Relations
[email protected]
Office:  +1 (416) 479-9547