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NUR Nuran Wireless Inc

0.08
-0.005 (-5.88%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nuran Wireless Inc CSE:NUR CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -5.88% 0.08 0.075 0.085 0.085 0.08 0.08 282,119 22:00:00

Clear Blue’s Smart Off-Grid to Power Vodafone Ghana Project in Ghana

14/11/2019 1:45pm

GlobeNewswire Inc.


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Clear Blue Technologies (“Clear Blue” or “the Company”) (TSXV:CBLU) today announced that it will provide its Smart Off-Grid solutions and services for seven greenfield sites in Ghana to power a telecom network for Vodafone Ghana. The consortium delivering the project will be led by NuRAN Wireless (CSE:  NUR).

“This project will deploy mobile broadband networks in rural areas, providing low-cost mobile internet coverage through commercially sustainable models that can be scaled and replicated,” said Miriam Tuerk, CEO and Co-founder, Clear Blue Technologies.

Bringing rural mobile internet coverage to rural areas can be twice as expensive as in urban areas. The GSMA, an organization representing the interests of 750 mobile operators and nearly 400 companies, is championing the project in partnership with Vodafone Ghana. The GSMA stated that innovation and partnership were essential aspects of the winning designs.

The project was awarded by an independent panel of industry experts to three consortiums, one of which was led by NuRAN including Clear Blue, and will be completed over 18 months. Under the project plan, the NuRAN and Clear Blue consortium will deliver the telecom solution for seven greenfield sites in the following six months and the host mobile operator, Vodafone Ghana, will use the remaining 12 months to integrate the sites into their network.

Clear Blue’s Smart Off-Grid technology delivers clean, managed, wireless power, anywhere and anytime. Clear Blue’s service team uses its Illumience platform to manage, control and operate all power systems remotely, ensuring the high availability and service levels needed for telecom services. Illumience is the industry's most advanced off-grid management service, providing real-time, 7x24, remote control, monitoring, and management of systems using Smart Off-Grid power.

About Clear Blue Technologies International

Clear Blue Technologies delivers clean, managed, wireless power – anywhere and anytime. We use our patented Smart Off-Grid technology, delivered through our Energy-as-a-Service business model, to manage lighting, telecom, Internet of Things devices, and other critical systems around the world. Clear Blue has thousands of systems under management across 37 countries, including the U.S. and Canada. Clear Blue is publicly traded on the Toronto Venture Exchange under the symbol CBLU and on the Frankfurt Stock Exchange (FRANKFURT: 0YA). Learn more at www.clearbluetechnologies.com.

About NuRAN

NuRAN Wireless Inc.  (CSE: NUR) (OTC: NRRWF) (FSE: 1RN)  is a leading supplier of mobile and broadband wireless infrastructure solutions. Its innovative radio access network (RAN), core network, and backhaul products dramatically drop the total cost of ownership, thereby creating new opportunities for established, as well as emerging mobile network operators. Indoor coverage, isolated rural communities, offshore platforms and ships, NuRAN Wireless helps its customers reach everyone, everywhere.

Legal DisclaimersThis news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Media Contact:Becky Nye Director Montieth & Company 155 E 44th St., New York, NY 10017 bnye@montiethco.com +1 646.864.3517

Investor Relations:Miriam Tuerk Co-Founder and CEO+1 (855) 733-0119 x200 investors@clearbluetechnologies.com http://www.clearbluetechnologies.com/en/investors

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