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Nuran Wireless ( (TSE:NUR) ) has provided an update.
NuRAN Wireless reported a significant increase in revenue for the first quarter of 2025, with a 285% rise driven mainly by Network as a Service (NaaS) revenue. Despite a net loss, the company achieved positive EBITDA, reflecting its operational growth and strategic expansion in rural and underserved regions. Recent milestones include receiving payments from a partner in Cameroon, securing additional funding, and expanding network sites in Africa, supporting its growth and financing strategy.
More about Nuran Wireless
NuRAN Wireless is a leading rural telecommunications company that provides wireless network coverage solutions in remote and rural regions worldwide. The company offers scalable and affordable 2G, 3G, and 4G technologies, aiming to bridge the digital divide by enabling communication for over a billion people in underserved areas.
Average Trading Volume: 163,359
Technical Sentiment Signal: Sell
Current Market Cap: C$3.01M
For detailed information about NUR stock, go to TipRanks’ Stock Analysis page.