NuRAN Wireless Inc.: NuRAN Announces Expansion of NAAS Agreement with Orange Cameroon and Corporate Update
QUEBEC, QC
/ ACCESSWIRE / March 11, 2021 / NuRAN Wireless Inc. ( NuRAN or the Company ) (CSE:NUR)(OTC PINK:NRRWF)(FSE:1RN) is pleased to announce that further to its previously disclosed Network as a Service ( NAAS ) contract with Orange Cameroon SA announced on October 29, 2020, Orange has exercised its option under the agreement to add an additional 120 networking sites in Cameroon. The original contract for 122 sites entered into by NuRAN and Orange is a Network as a Service contract with expected gross revenues of up to $20M CAD over the term of the agreement. Following execution of the option by Orange, the overall total sites to be built over the term of the agreement has increased to 242. The additional 120 sites are expected to be deployed in 2021-22 of the contract with similar economics to the previous 122 sites. Each site consists of towers and related equipment
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NuRAN Announces Expansion of NAAS Agreement with Orange Cameroon and Corporate Update
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