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NuRAN Wireless Board Approves Growth Strategy to Scale Recurring Revenue from 5,000+ Contracted Towers

NUR
  • NuRAN Wireless' Board approved a strategic plan to convert its 5,000+ contracted towers into recurring infrastructure revenue.
  • The plan targets approximately 2,000 cumulative operational towers by the end of 2028, subject to financing & execution conditions.
  • Management must complete a 90-day validation period to deliver a detailed schedule, risk analysis, & investment thesis before further capital is committed.
  • Capital deployment will prioritize site economics, operational readiness, & regulatory requirements under ongoing Board oversight.
  • NuEnergy will develop solar generation & battery storage solutions in phases to serve the network portfolio & potential third-party customers.
  • NuRAN EDGE expansion is restricted to customer-supported pilots & partnerships where unit economics & technical performance are proven.
  • The Company will evaluate equity financing options including shelf capacity or at-the-market offerings while avoiding dilution.
  • NuRAN is concluding due diligence on a proposed US$12 million senior debt facility, though funding remains uncommitted.
  • Financing structures will aim to match site-level returns using development finance institutions, lenders, & shareholder support.
  • Selective partnerships, acquisitions, or regional hubs will be pursued only if they offer attractive risk-adjusted returns.
  • The Company is evaluating licensed Starlink low Earth orbit satellite backhaul to improve connectivity where terrestrial options are unavailable.
  • Upcoming investor reporting will cover debt progress, quarterly deployment metrics starting in 2027, & validation milestones for NuEnergy & NuRAN EDGE.
  • CEO Francis Létourneau emphasized that growth pace depends on disciplined financing & measurable execution of deployed towers.
Company
NuRAN Wireless Inc.
Keywords
Computers, Technology & Internet, Company Update