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Nuran Wireless ( (TSE:NUR) ) has issued an update.
NuRAN Wireless reported a 3.7% decrease in revenue for the nine months ending September 30, 2025, compared to the previous year, while gross profit increased by 8%. The company is actively working on restructuring its debt and has secured a $1.5M private placement to support working capital and short-term debt payments. Additionally, NuRAN was awarded a CA$ 7.2M contract for a network expansion project in West Africa and received authorization to operate telecom sites in the Democratic Republic of The Congo. The company also resolved disclosure deficiencies with the British Columbia Securities Commission, leading to its removal from the Default Issuers list.
More about Nuran Wireless
NuRAN Wireless is a leading telecommunications company focused on providing wireless network coverage in remote and rural regions worldwide. The company offers scalable solutions for 2G, 3G, and other wireless infrastructure needs, addressing the growing demand for connectivity in underserved areas.
Average Trading Volume: 313,943
Technical Sentiment Signal: Sell
Current Market Cap: C$634.4K
For an in-depth examination of NUR stock, go to TipRanks’ Overview page.