NuRAN Wireless Highlights Recurring Revenue Economics and Growth Potential of Its 5,092-Tower Contracted NaaS Portfolio
Key Highlights
- ➤5,092 contracted towers, approximately 300 operational across eight African countries
- ➤US$1,356 average monthly revenue per operational tower; network revenue increased 126.44%
- ➤Tower-level gross margins exceed 75% after bandwidth, lease, insurance and maintenance costs
- ➤4G terrestrial pilots produced incremental revenue growth of up to 40% on selected towers
- ➤Future deployments depend on financing, site economics, execution, regulatory and contractual requirements
Expert Statements
Francis Létourneau, Director and CEO of NuRAN Wireless
“Our NaaS model is designed to make rural connectivity economically sustainable while building a scalable infrastructure business. Our focus is on disciplined execution, expanding our operational network and maximizing the performance of our existing towers to support long-term growth,”
QUÉBEC, QC / ACCESS Newswire / November 12, 2026 / NuRAN Wireless Inc. (NASDAQ:NUR) (link)(FSE:1RN) ("NuRAN" or the "Company"), a leading provider of rural connectivity infrastructure in Africa, today outlined the economics and growth potential of its Network-as-a-Service ("NaaS") business model, following the Company's recently announced Board-approved strategic growth plan.
NuRAN has agreements with major mobile network operators ("MNOs"), including Orange and MTN, covering 5,092 contracted towers across eight African countries, with approximately 300 towers currently operational. The Company's strategy is focused on expanding its revenue-generating infrastructure while improving the performance of its existing network.
Get started
Create a free account to read the full story.