MTN Namibia partners NuRAN Wireless to provide mobile connectivity solutions

NAMIBIA – MTN Namibia, a telecommunication company, has signed a partnership deal with listed Canadian telecommunications company NuRAN Wireless Inc for the deployment of 150 rural and suburban networking sites. The deal appears to stem from the souring relationship between MTN Namibia and MTC over infrastructure sharing, which saw the former seeking some overseas muscle. NuRAN and MTN recently signed…

Read More

NuRAN Wireless secures US$9m for financing of projects in DRC and Cameroon

DRC – NuRAN Wireless Inc., a leading rural telecommunications company, has announced the receipt of a second mandate letter for a senior secured credit facility with a development finance institution (DFI) that provides up to US$9 million in total funding. The purpose of the Loan Facility is to finance a portion of NuRAN’s planned US$30 million of expenditures linked to…

Read More

Telecoms company NuRAN Wireless secures US$15m loan facility for its project expenditures

DRC – NuRAN Wireless Inc., a specialist rural telecommunications company, has announced that it has secured US$15 million in senior secured credit facility with a development finance institution (DFI). The purpose of the Loan Facility is to finance a portion of NuRAN’s planned US$30 million of expenditures linked to the installation of network infrastructure roll-out promoted by NuRAN in 120…

Read More

NuRAN signs network rollout agreement with MTN in South Sudan

SOUTH SUDAN – NuRAN Wireless Inc., a leading supplier of mobile and broadband wireless infrastructure solutions, announced it has signed a Memorandum of Understanding with MTN for the deployment of rural sites under the network-as-a-service model (“NAAS”) in South Sudan for the deployment of sites through the build, own, operate, and transfer (“BOOT”) revenue share model. According to a NuRAN…

Read More

Israeli’s Spacecom set to acquire 9.3% stake in Nuran Wireless

AFRICA – Spacecom, an Israeli satellite operator, is buying a 9.3% stake in rural connectivity provider Nuran Wireless to deepen its presence across Africa. The US$3.2 million deal includes exclusive rights for providing satellite capacity and bandwidth to Canada-based Nuran’s future operations in Africa, where Spacecom provides services with its Amos-17 spacecraft. It also covers managed services contracts Nuran has…

Read More