MTN Sudan, NuRAN Wireless sign $125 million NaaS deal

MTN Sudan, NuRAN Wireless sign $125 million NaaS deal

Telecoms company NuRAN Wireless Inc. has signed a ten-year Network As A Service (“NaaS”) agreement with MTN Sudan for the deployment of rural mobile infrastructure in Sudan.

According to the agreement, NuRAN Wireless is to build an estimated 500 cellular sites for MTN Sudan and will realize revenues in excess of $125 million when the project is completed.

The project will support 2G and 3G with a variety of site categories to cover different population densities and coverage areas.

NuRAN expects to retain the ownership of the infrastructure after completion of the contract which increases the value of the agreement.

Francis Letourneau, CEO at NuRAN Wireless Inc said, “This is another important milestone for NuRAN as we press ahead to our stated goal of having 10,000 sites under contract. This contract also further solidifies our growing relationship with MTN as a key partner in bringing mobile connectivity to the people that need it the most. Mobile connectivity is a life blood to these communities and NuRAN is extremely proud to be at the centre of bridging this important gap.”

To date, NuRAN now has 3,192 sites in 5 countries throughout Africa under contract in pursuit of its overall objective of 10,000 sites under contract.

Following recently announced agreements with MTN South Sudan and Namibia, this agreement with another subsidiary of MTN is intended to continue to build on NuRAN’s NaaS expansion in Africa and expand the Company’s relationship with MTN, the company added.

NuRAN said the number of sites in Sudan may be increased and will fluctuate as the project is under way subject to factors such as penetration rate, ARPU (average revenue per user) and network charges to be further refined, provided that the project will be subject to a minimum number of 500 sites over the 10-year term of the agreement.

The NuRAN NaaS model facilitates network expansion for mobile operators by managing and controlling the build, operation, and maintenance of cellular sites along with associated capital expenditures. The sites are then monetized by providing connectivity on a paid for service basis.

NuRAN Wireless is a rural telecommunications company that the provides wireless network coverage in remote and rural regions around the globe.