NuRAN Wireless Activates 29 Towers in October and Advances NuEnergy Infrastructure Platform
Key Highlights
- ➤29 towers activated in October, advancing contracted backlog conversion
- ➤More than 5,000 towers under contract across eight countries
- ➤Backlog represents expected revenue exceeding US$900 million over five- to ten-year terms
- ➤NuEnergy developing solar, storage and hybrid power infrastructure platform
- ➤NuRAN appoints Wolfgang Rams as NuEnergy strategic advisor
Expert Statements
Francis Létourneau, Director and Chief Executive Officer of NuRAN Wireless
“The activation of 29 additional towers demonstrates renewed progress in converting our contracted backlog into operating assets and recurring revenue.”
Francis Létourneau, Director and Chief Executive Officer of NuRAN Wireless
“NuEnergy is intended to increase the value of our infrastructure by placing our solar, storage and hybrid power systems within a dedicated commercial platform.”
Francis Létourneau, Director and Chief Executive Officer of NuRAN Wireless
“Using telecom demand as an anchor load, we plan to improve site economics and develop complementary revenues from community energy services, telecom ESCO solutions and distributed digital infrastructure.”
Francis Létourneau, Director and Chief Executive Officer of NuRAN Wireless
“Our objective is to build a differentiated infrastructure platform that supports stronger cash generation and sustainable long-term shareholder value.”
QUEBEC, QC / ACCESS Newswire / October 14, 2026 / NuRAN Wireless Inc. (NASDAQ:NUR)(FSE:1RN) ("NuRAN" or the "Company"), a leading provider of rural connectivity infrastructure in Africa, today announced the activation of 29 towersin October and provided an update on NuEnergy Africa Ltd ("NuEnergy"), its wholly owned energy subsidiary. The sites advance the conversion of NuRAN's contracted backlog of more than 5,000 towers into operating assets and recurring revenue. NuEnergy is being developed as a dedicated platform for the solar, battery-storage and hybrid power systems supporting NuRAN's network, with the objective of improving site economics, increasing asset utilization and creating complementary recurring revenue opportunities.
NuRAN has more than 5,000 tower under contract with Orange and MTN across eight countries, representing expected revenues exceeding US$900 million over five- to ten-year contract terms and continues to build its pipeline. This backlog provides a foundation for long-term recurring revenue growth as the Company activates additional sites and expands its operating base. The underlying market opportunity remains substantial: World Bank data indicate that approximately 731 million people, or 55% of the region's population, lived in rural Sub-Saharan Africa in 2025. According to the GSMA's State of Mobile Internet Connectivity 2024, 13% of the population in Sub-Saharan Africa remained outside mobile-internet coverage, while a further 60% lived within a coverage area but did not use mobile internet leaving 40% of the population without connectivity.
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