NuRAN Anticipates No Impact on Impending Tariff Changes
NuRAN Wireless, a mobile and broadband infrastructure solutions provider, has addressed two key operational updates. First, regarding recent US-Canada tariff changes, the company expects minimal impact since most suppliers are based outside the US, with US-sourced equipment accounting for less than 5% of total material costs. US supplies are primarily shipped directly to Africa, bypassing Canadian customs.
Second, concerning the DRC-Rwanda conflict, NuRAN reports operational impact as their infrastructure and activities are concentrated in western DRC, away from the conflict zone. Their team, based in Kinshasa, continues operations with minimal disruption. The company does not operate in Rwanda or eastern DRC, areas directly affected by the tensions.
NuRAN Wireless, fornitore di soluzioni per infrastrutture mobili e a banda larga, ha affrontato due aggiornamenti operativi chiave. In primo luogo, riguardo ai recenti cambiamenti tariffari tra Stati Uniti e Canada, l'azienda prevede un impatto minimo poiché la maggior parte dei fornitori è situata al di fuori degli Stati Uniti, con l'attrezzatura proveniente dagli Stati Uniti che rappresenta meno del 5% dei costi totali dei materiali. Le forniture statunitensi vengono principalmente spedite direttamente in Africa, evitando le dogane canadesi.
In secondo luogo, per quanto riguarda il conflitto DRC-Rwanda, NuRAN riporta un impatto operativo poiché la loro infrastruttura e le attività sono concentrate nella parte occidentale della DRC, lontano dalla zona di conflitto. Il loro team, basato a Kinshasa, continua le operazioni con minime interruzioni. L'azienda non opera in Rwanda o nella parte orientale della DRC, aree direttamente colpite dalle tensioni.
NuRAN Wireless, proveedor de soluciones de infraestructura móvil y de banda ancha, ha abordado dos actualizaciones operativas clave. Primero, en relación con los recientes cambios arancelarios entre Estados Unidos y Canadá, la empresa espera un impacto mínimo, ya que la mayoría de los proveedores están ubicados fuera de Estados Unidos, y el equipo procedente de EE. UU. representa menos del 5% de los costos totales de materiales. Los suministros de EE. UU. se envían principalmente directamente a África, eludiendo las aduanas canadienses.
En segundo lugar, respecto al conflicto DRC-Ruanda, NuRAN informa sobre un impacto operativo ya que su infraestructura y actividades están concentradas en el oeste de la DRC, lejos de la zona de conflicto. Su equipo, con sede en Kinshasa, continúa las operaciones con mínimas interrupciones. La empresa no opera en Ruanda ni en la parte oriental de la DRC, áreas directamente afectadas por las tensiones.
NuRAN Wireless는 모바일 및 브로드밴드 인프라 솔루션 제공업체로서 두 가지 주요 운영 업데이트를 다루었습니다. 첫째, 최근 미국-캐나다 관세 변화에 관하여, 회사는 대부분의 공급업체가 미국 외부에 위치해 있기 때문에 최소한의 영향을 예상하고 있으며, 미국에서 조달된 장비는 총 자재 비용의 5% 미만을 차지합니다. 미국에서 공급된 자재는 주로 캐나다 세관을 우회하여 아프리카로 직접 배송됩니다.
둘째, DRC-르완다 갈등과 관련하여, NuRAN은 인프라와 활동이 DRC 서부에 집중되어 있어 갈등 지역에서 멀리 떨어져 있다고 보고하고 있습니다. 킨샤사에 본사를 둔 팀은 최소한의 중단으로 운영을 지속하고 있습니다. 회사는 르완다나 DRC 동부 지역에서 운영하지 않으며, 이 지역은 긴장으로 직접 영향을 받고 있습니다.
NuRAN Wireless, fournisseur de solutions d'infrastructure mobile et à large bande, a abordé deux mises à jour opérationnelles clés. Premièrement, concernant les récents changements tarifaires entre les États-Unis et le Canada, l'entreprise s'attend à un impact minimal puisque la plupart des fournisseurs sont basés en dehors des États-Unis, les équipements provenant des États-Unis représentant moins de 5 % des coûts matériels totaux. Les fournitures américaines sont principalement expédiées directement en Afrique, contournant les douanes canadiennes.
Deuxièmement, en ce qui concerne le conflit DRC-Rwanda, NuRAN signale un impact opérationnel car leur infrastructure et leurs activités sont concentrées dans l'ouest de la DRC, loin de la zone de conflit. Leur équipe, basée à Kinshasa, continue ses opérations avec des perturbations minimales. L'entreprise n'opère pas au Rwanda ni dans l'est de la DRC, des zones directement touchées par les tensions.
NuRAN Wireless, Anbieter von mobilen und Breitband-Infrastruktur-Lösungen, hat zwei wichtige betriebliche Updates angesprochen. Erstens, bezüglich der kürzlichen Zolländerungen zwischen den USA und Kanada erwartet das Unternehmen minimale Auswirkungen, da die meisten Lieferanten außerhalb der USA ansässig sind und in den USA bezogene Ausrüstungen weniger als 5% der Gesamtkosten für Materialien ausmachen. US-Lieferungen werden hauptsächlich direkt nach Afrika verschifft und umgehen die kanadischen Zollbehörden.
Zweitens, in Bezug auf den DRC-Ruanda-Konflikt, berichtet NuRAN von betrieblichen Auswirkungen, da ihre Infrastruktur und Aktivitäten im westlichen DRC konzentriert sind, weit entfernt von der Konfliktzone. Ihr Team mit Sitz in Kinshasa setzt die Operationen mit minimalen Unterbrechungen fort. Das Unternehmen ist nicht in Ruanda oder im östlichen DRC tätig, Gebiete, die direkt von den Spannungen betroffen sind.
- Operations unaffected by US-Canada tariff changes
- Minimal exposure to US supply chain (< 5% of material costs)
- Western DRC operations remain stable and secure
- None.
QUÉBEC, QC / ACCESS Newswire / March 7, 2025 / NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR)(OTCQB:NRRWF)(FSE:1RN), a leading supplier of mobile and broadband wireless infrastructure solutions, wishes to update its partners, clients, shareholders and other stakeholders on the impact of the recently proposed tariff changes within North America.
NuRAN has been closely monitoring the recently proposed changes in customs tariffs between the United States and Canada and would like to reassure stakeholders that these changes would have minimal impact on our operations.
The majority of NuRAN's suppliers are not based in the United States; they are either in Canada or other international locations.
NuRAN also sources a small portion of its material from suppliers based in the United States, but they are mostly shipped directly to Africa, bypassing Canada entirely. Therefore, any new tariffs between the US and Canada will not materially affect costs or the flow of goods to our African operations. In addition, the equipment sourced from the US for our radios accounts for less than
NuRAN Wireless remains committed to providing reliable and cost-effective solutions to our customers in Africa, and we continue to expand our operations with minimal disruption.
We appreciate the continued support of our partners and look forward to further advancing our work in the region.
Impact of the Conflict Between the DRC and Rwanda on Our Operations
NuRAN Wireless is closely monitoring the ongoing situation between the Democratic Republic of the Congo (DRC) and Rwanda. We would like to reassure our partners, clients, shareholders and other stakeholders that this conflict currently has very limited impact on our operations.
Our infrastructure and activities are currently concentrated in the western part of the DRC, a region that remains stable and secure. Our deployment plan for the near future is also focused exclusively on this region. Additionally, our employees are based in Kinshasa, where they continue their work with minimal disruption. We do not operate in Rwanda or in the eastern part of the DRC, areas that are directly affected by the ongoing tensions.
NuRAN remains vigilant and will continue to closely monitor the situation to ensure the safety of our teams and the continuity of our operations.
NuRAN stands in solidarity with the people of the DRC and sincerely hopes for a peaceful resolution of this conflict as soon as possible. Stability and cooperation are essential for the country's development, and we remain committed to playing our part in building a stronger, more connected future for the DRC.
About NuRAN Wireless:
NuRAN Wireless is a leading rural telecommunications company that meets the growing demand for wireless network coverage in remote and rural regions around the globe. With its affordable and innovative scalable solutions of 2G, 3G, and 4G technologies, NuRAN Wireless offers a new possibility for more than one billion people to communicate effectively over long distances efficiently and affordably. "Bridging the Digital Divide, One Connection at a Time."
Additional Information:
For further information about NuRAN Wireless: www.nuranwireless.com
Francis Létourneau,
Director and CEO
Francis.letourneau@nuranwireless.com
Tel: (418) 264-1337
Frank Candido
Investor relations
Frank.candido@nuranwireless.com
Tel: (514) 969-5530
Forward Looking Statements
This news release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, "expects", "is expected", "anticipates", "intends", "believes", or variations of such words and phrases or state that certain actions, events or results "may" or "will" be taken, occur or be achieved. Forward-looking statements include those relating to the Company being able to provide services similar to other tower companies and the Factor providing adequate funding for the business in this period leading up to the securing of additional funding. Forward-looking statements are not a guarantee of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements, such as the uncertainties regarding include risks such as the uncertainties regarding the impact of the COVID-19 outbreak, and measures to prevent its spread, risks relating to NuRAN's business and the economy generally; NuRAN's ability to refinance its long term debt that is currently in default; NuRAN's ability to adequately restructure its operations with respect to its new model of NaaS service contracts; our ability to collect fees from our telecommunication providers and reliance on the network of our telecommunications providers, the capacity of the Company to deliver in a technical capacity and to import inventory to Africa at a reasonable cost; NuRAN's ability to obtain project financing for the proposed site build out under its NaaS agreements with Orange, MTN and other telecommunication providers, the loss of one or more significant suppliers or a reduction in significant volume from such suppliers; NuRAN's ability to meet or exceed customers' demand and expectations; significant current competition and the introduction of new competitors or other disruptive entrants in the Company's industry; effects of the global supply shortage affecting parts needed for NuRAN's sites and site installations; NuRAN's ability to retain key employees and protect its intellectual property; compliance with local laws and regulations and ability to obtain all required permits for our operations, access to the credit and capital markets, changes in applicable telecommunications laws or regulations or changes in license and regulatory fees, downturns in customers' business cycles; and insurance prices and insurance coverage availability, the Company's ability to effectively maintain or update information and technology systems; our ability to implement and maintain measures to protect against cyberattacks and comply with applicable privacy and data security requirements; the Company's ability to successfully implement its business strategies or realize expected cost savings and revenue enhancements; business development activities, including acquisitions and integration of acquired businesses; the Company's expansion into markets outside of Canada and the operational, competitive and regulatory risks facing the Company's non-Canadian based operations. Accordingly, readers should not place undue reliance on forward looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis that is available on the Company's profile on SEDAR+ at www.sedarplus.ca.
SOURCE: Nuran Wireless Inc
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FAQ
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