Tickers: XCNQ:NUR, PINX:NRRWF
Tags: #Technology, #Telecommunications
Quebec, QC, Canada - TheNewswire - September 30th, 2019 - NuRAN Wireless Inc. ("NuRAN Wireless" or the "Company") (CNSX:NUR.CN) (OTC:NRRWF) (FSE: 1RN) announced today that it has signed a contract with Intelsat to support the installation of enhanced mobile connectivity services for the Marshall Islands in the Pacific Ocean region. This network expansion is powered by NuRAN's award-winning mobile infrastructure solutions specifically built to bring mobile and broadband connectivity to remote and geographically isolated regions.
Under its contract with Intelsat, NuRAN will deliver and install complete cellular sites, enabling mobile broadband service to outer islands of the Marshall Islands thanks to LiteRAN xG, NuRAN's evolutive 2G-3G-4G multi-standard radio access network solution and NuRAN's Nexus core network solution.
"This contract solidifies NuRAN's leading position in providing mobile and broadband infrastructure solutions and the Company's capability to break profitability barriers previously set by traditional vendors, enabling mobile operators to expand their network much further, and with enviable return on investment. Marshall Islands will benefit from state-of-the-art, future-proof infrastructure with capacity that will evolve with the needs of the subscribers, maximizing the operator's return while limiting its investment," stated Francis Letourneau, Vice-President of Sales and Marketing for NuRAN Wireless.
"When it comes to bringing connectivity to communities in rural and hard to reach areas, and doing so quickly and cost-effectively, using space-based communications networks together with cellular solutions is the ideal solution," said Jean-Philippe Gillet, Intelsat's Vice President and General Manager, Networks. "Together with NuRAN, Intelsat is delivering an upgrade to existing mobile coverage and expanding coverage to areas previously unconnected across the Marshall Islands. This means even more people, businesses and institutions have access to reliable connectivity in more places, including dozens of hospitals and schools, resulting in economic development as well as improvements in healthcare and education."
No regulatory authority has approved or reviewed the contents of the information contained in this news release.
About NuRAN Wireless
NuRAN Wireless is a leading supplier of mobile and broadband wireless infrastructure solutions. Its innovative radio access network (RAN), core network, and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for established, as well as emerging mobile network operators. Indoor coverage, isolated rural communities, offshore platforms and ships, NuRAN Wireless helps its customers reach everyone, everywhere.
For further information about NuRAN Wireless;
Maxime Dumas
President and CEO
info@nuranwireless.com
(418) 914-7484
Mark Berry
(416) 200-6768
About Intelsat
Intelsat S.A. (NYSE: I) operates the world's first Globalized Network, delivering high-quality, cost-effective video and broadband services anywhere in the world. Intelsat's Globalized Network combines the world's largest satellite backbone with terrestrial infrastructure, managed services and an open, interoperable architecture to enable customers to drive revenue and reach through a new generation of network services. Thousands of organizations serving billions of people worldwide rely on Intelsat to provide ubiquitous broadband connectivity, multi-format video broadcasting, secure satellite communications and seamless mobility services. The end result is an entirely new world, one that allows us to envision the impossible, connect without boundaries and transform the ways in which we live. For more information, visit Intelsat.com or follow us on LinkedIn, Twitter, and Facebook.
Forward Looking Statements
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the timing of the Offering, the use of proceeds from the Offering, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NuRAN Wireless Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis that is available on the Company's profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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