NuRAN Wireless
Builds and operates rural cellular networks for mobile operators.
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Profile
Builds and operates solar-powered rural cellular infrastructure for mobile network operators under Network-as-a-Service contracts, while selling compact radio equipment and related services. Revenue is centred on African deployments, where it works behind operators’ spectrum and customer relationships rather than serving subscribers directly.
Builds, finances, owns and operates solar-powered rural cellular sites for mobile network operators under long-term Network-as-a-Service contracts, while also selling compact radio-access equipment, core-network components and backhaul solutions. Operations centre on African rural and low-density markets, serving operators including Orange and MTN rather than retail subscribers.
Combines low-power base-station technology, remote software management and bandwidth-efficient backhaul with site-selection, monitoring and off-grid charging services. The operating model shifts site capital expenditure, construction and maintenance from the operator in exchange for fixed payments, minimum guarantees or revenue sharing. Deployment relies on project financing, country-specific licences and approvals, supplier logistics, backhaul and power availability; signed sites are not necessarily operating sites.
Company facts
Key statistics
Year to date −47.4% · Average volume (30d) 51.3K
Analysts
No analyst consensus on record.
Earnings
Not reported.
Financial highlights
Not reported.
Dividends
No dividends on record.
Ownership
Shares outstanding 13.08M · Float 11.87M
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- IHS
Largest shared-infrastructure alternative in key African rollout markets.
- Ericsson (ADR)
Rural RAN and managed rollout packages overlap equipment sales.
- Nokia (ADR)
AirScale RAN is a broad equipment alternative for rural coverage.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| NuRAN Wireless | $1.83 | −4.19% | $25.0M | — | — | — | — |
| IHS | $8.36 | −0.06% | $2.81B | 20.7 | 7.9 | 1.8 | +8.7% |
| Ericsson (ADR) | $9.91 | −0.35% | $32.67B | 12.9 | 20.2 | 1.4 | −6.7% |
| Nokia (ADR) | $10.18 | −0.29% | $55.14B | 71.4 | 24.3 | 2.5 | +2.3% |
| Median | 20.7 | 20.2 | 1.8 | +2.3% |





