on NuRAN Wireless Inc. (CVE:NUR)
NuRAN Wireless Begins Nasdaq Trading and Initiates West African Project
NuRAN Wireless Inc. has announced that its shares have begun trading on The Nasdaq Capital Market. This move aligns with the launch of a three-year mobile network project in West Africa. The project, valued at US$ 5 million, partners with a state-owned mobile operator to develop over 200 rural sites providing 2G and 4G services.
This listing exposes NuRAN to more U.S. investors, broadening its market reach. NuRAN's model focuses on establishing rural network infrastructure, addressing the challenging connectivity environment in Africa, where approximately 850 million people remain offline.
The company has over 5,000 sites under contract in collaboration with major operators like Orange and MTN. The new project is part of NuRAN's expansion strategy in Africa, which includes ongoing deployments in countries such as Cameroon, Ivory Coast, and Benin.
R. P.
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