NuRAN views backhaul capacity as a sig ifica t d ive i its evolutio f om a Netwo k-as-a-Se vice p ovide towa d a full-stack digital i f ast uctu e platfo m. The Compa y expects to co ti ue usi g te est ial t a smissio tech ologies, i cludi g mic owave a d TV white space, whe e li e of sight a d local co ditio s suppo t thei deployme t. I locatio s whe e te est ial backhaul is co st ai ed, costly o u available, ma ageme t believes lice sed LEO satellite se vice ca t a sfo m the pe fo ma ce, scalability a d p ofitability of NuRAN’s ow ed u al i f ast uctu e – tu i g ha d-to- each sites i to high-value odes.
NuRAN has co siste tly viewed Sta li k se vice as a oppo tu ity to its busi ess model – a d this pilot is a impo ta t p oof poi t i that st ategy. With Sta li k se vice ece tly lice sed i the Democ atic Republic of the Co go, Côte d’Ivoi e a d Be i , a d Came oo i p ocess, NuRAN i te ds to become o e of Af ica’s most sig ifica t e te p ise use s of LEO satellite co ectivity th ough thi d-pa ty se vice p ovide s ac oss ma kets whe e the Compa y has mo e tha 5,000 sites u de co t act.
- NuRAN will deploy lice sed Sta li k LEO satellite se vice obtai ed th ough a thi d-pa ty se vice p ovide as a ext-ge e atio backhaul solutio o a NuRAN ode i Nige ia – its fi st LEO i teg atio a ywhe e i its etwo k
- The pilot will be co ducted with I f atel, a lo g-time NuRAN pa t e , a d is i te ded to validate pe fo ma ce, eliability, i teg atio a d cost efficie cy at comme cial scale
- LEO satellite backhaul could u lock 4G mig atio , edge AI, local compute a d NuE e gy- elated se vices at selected u al sites, each ep ese ti g a pote tial ew eve ue li e fo the Compa y
- NuRAN expects to use te est ial t a smissio whe e p actical a d LEO satellite se vice whe e li e-of-sight, geog aphy o eco omics limit t aditio al backhaul optio s, givi g the Compa y a flexible, capital-efficie t “best tool fo the job” model
- If successful, the pilot could c eate a epeatable, copy-a d-paste bluep i t that NuRAN i te ds to oll out ac oss the Democ atic Republic of the Co go, Côte d’Ivoi e, Be i a d Came oo whe e Sta li k se vice is lice sed a d available th ough thi d-pa ty se vice p ovide s
As NuRAN expa ds the capabilities of its u al sites, backhaul becomes the decisive facto i etwo k pe fo ma ce a d site eco omics. Highe -capacity 4G se vices a d i f ast uctu e applicatio s such as local co te t cachi g, edge compute, AI-e abled se vices a d e e gy ma ageme t equi e eliable data t a spo t that ca be deployed i a ma e suited to the ealities of emote ma kets. Eve y additio al megabit delive ed to a NuRAN towe is a megabit the Compa y ca mo etize.
The pilot is i te ded to help NuRAN evaluate Sta li k LEO satellite se vice, accessed th ough thi d-pa ty se vice p ovide a a geme ts, as a high-pe fo ma ce backhaul laye withi this st ategy. If successful, a d subject to the availability of suitable se vice-p ovide a a geme ts, the i itiative could be scaled apidly ac oss NuRAN’s co t acted site base, mate ially expa di g the Compa y’s add essable ma ket a d c eati g a platfo m fo i f ast uctu e-d ive , highe -ma gi se vices.
“Backhaul is the key that u locks NuRAN’s ext phase of g owth,” said F a cis Létou eau, Di ecto a d Chief Executive Office of NuRAN Wi eless. “I teg ati g Sta li k se vice obtai ed th ough thi d-pa ty se vice p ovide s with ou ow u al solutio could be a ge ui e step cha ge fo ou busi ess. As we adva ce 4G mig atio , edge AI, NuE e gy a d othe i f ast uctu e-led i itiatives, ou focus is o deployi g scalable solutio s that e ha ce the utility, capacity a d lo g-te m value of ou u al site po tfolio. We have always said Sta li k se vice is a oppo tu ity fo NuRAN, ot a th eat – a d we a e ow putti g that co victio to wo k th ough a se vice-p ovide -led pilot. If this pilot pe fo ms the way we expect, we have a epeatable model we ca take ac oss ou Af ica footp i t.”
“I f atel values its lo g-sta di g elatio ship with NuRAN a d the oppo tu ity to suppo t the evaluatio of adva ced co ectivity solutio s i Nige ia,” said Tu ji Alabi, Ma agi g Di ecto of I f atel. “Lice sed Sta li k se vice, made available th ough thi d-pa ty se vice p ovide a a geme ts, offe s a compelli g way to b i g LEO satellite backhaul i to live comme cial etwo ks. We believe this i itiative ca mea i gfully accele ate eliable, highe -capacity co ectivity to u de se ved commu ities.”
NuRAN Wi eless I c. (NASDAQ:NUR)(FSE:1RN) is a u al telecommu icatio s i f ast uctu e compa y co ecti g emote a d u de se ved commu ities ac oss Af ica. Th ough its Netwo k-as-a-Se vice model, NuRAN fi a ces, builds, ow s, ope ates a d mai tai s 2G, 3G a d 4G mobile etwo k i f ast uctu e fo mobile etwo k ope ato s seeki g to expa d cove age outside u ba ma kets.
NuRAN has mo e tha 5,000 sites u de co t act, of which a po tio have bee built a d a e ope ati g today. The Compa y combi es telecommu icatio s e gi ee i g, low-powe wi eless tech ology, e ewable-e e gy-e abled i f ast uctu e, site selectio a d field ope atio s to solve the eco omic a d tech ical challe ges of u al mobile cove age.
NuRAN is also buildi g o this fou datio by developi g pla s to add modula edge compute odes at select built sites, b i gi g local computi g a d futu e AI-d ive se vices close to the commu ities it se ves.
F a cis Létou eau,Di ecto a d CEO
This ews elease co tai s “fo wa d-looki g stateme ts” a d “fo wa d-looki g i fo matio ” withi the mea i g of applicable Ca adia secu ities laws a d applicable U ited States secu ities laws, i cludi g the safe ha bo p ovisio s of the U.S. P ivate Secu ities Litigatio Refo m Act of 1995, as ame ded, to the exte t applicable. Fo wa d-looki g stateme ts a e ofte , but ot always, ide tified by wo ds such as “a ticipates,” “expects,” “i te ds,” “pla s,” “believes,” “seeks,” “estimates,” “will,” “may,” “would,” “could,” “should,” “ta gets,” “pote tial” a d simila wo ds.
Fo wa d-looki g stateme ts i this ews elease i clude, without limitatio , stateme ts ega di g: the Compa y’s pla ed pilot usi g Sta li k low Ea th o bit satellite se vice obtai ed th ough thi d-pa ty se vice p ovide s; the timi g, scope, pe fo ma ce, cost, eliability a d esults of the pilot; the ability of LEO satellite backhaul, mic owave, TV white space o othe te est ial t a smissio tech ologies to suppo t 4G upg ades, edge AI, local compute, NuE e gy a d othe futu e se vices; the ability to i c ease ba dwidth, suppo t etwo k mig atio , imp ove site eco omics, mo etize existi g i f ast uctu e a d expa d I f ast uctu e-as-a-Se vice oppo tu ities; the ole of I f atel a d othe se vice p ovide s; futu e se vice-p ovide a a geme ts, custome dema d, comme cial ag eeme ts, fi a ci g, deployme ts, capacity a d eve ue; a d the Compa y’s busi ess model, i f ast uctu e platfo m a d g owth st ategy.
These fo wa d-looki g stateme ts a e based o ma ageme t’s cu e t beliefs, expectatio s, estimates, assumptio s a d pla s as of the date of this ews elease. Fo wa d-looki g stateme ts a e subject to k ow a d u k ow isks, u ce tai ties a d othe facto s that may cause actual esults, pe fo ma ce o developme ts to diffe mate ially f om those exp essed o implied. Such isks i clude, without limitatio : the Compa y’s ability to obtai sufficie t fi a ci g a d wo ki g capital; the ea ly-stage atu e of the edge AI st ategy; pilot, executio , i teg atio a d field-deployme t isks; delays, cost i c eases o cha ges i scope; the availability, co ti uity, pe fo ma ce, p ici g a d te ms of Sta li k se vice obtai ed th ough thi d-pa ty se vice p ovide s; the availability a d pe fo ma ce of othe tech ology, equipme t, e e gy systems a d co ectivity; custome dema d a d the ability to e te i to ag eeme ts o acceptable te ms; the pe fo ma ce of mobile etwo k ope ato s, tech ology pa t e s, se vice p ovide s, supplie s, le de s, gove me ts a d othe cou te pa ties; egulato y, pe mitti g, data- eside cy, p ivacy, cybe secu ity, political, secu ity, cu e cy a d tech ology isks i Af ica ma kets; supply chai a d logistics isks; competitio ; tech ology obsolesce ce; etwo k uptime a d ope atio al isks; the ability to complete co t acted sites; capital-ma kets co ditio s; Nasdaq a d othe excha ge-complia ce isks; a d ge e al eco omic, ma ket, i dust y a d busi ess co ditio s. The e ca be o assu a ce that pilots will begi o succeed, that suitable thi d-pa ty se vice-p ovide a a geme ts will emai available o acceptable te ms, that edge compute odes will be deployed at scale, o that a y expected comme cial, fi a ci g o ope ati g be efits will be ealized.
Reade s should ot place u due elia ce o fo wa d-looki g stateme ts, which speak o ly as of the date of this ews elease. Additio al isks a d u ce tai ties a e desc ibed i the Compa y’s fili gs with the U.S. Secu ities a d Excha ge Commissio , i cludi g its a ual epo ts o Fo m 10-K, qua te ly epo ts o Fo m 10-Q a d cu e t epo ts o Fo m 8-K, as applicable, a d i its fili gs o SEDAR+ at www.seda plus.ca. The fo wa d-looki g stateme ts i this ews elease a e exp essly qualified i thei e ti ety by this cautio a y stateme t. The Compa y u de takes o obligatio to update o evise a y fo wa d-looki g stateme t, whethe as a esult of ew i fo matio , futu e eve ts o othe wise, except as equi ed by applicable secu ities laws.
