NuRAN Wireless (OTCQB:NRRWF) has broken new ground, announcing its first-ever positive EBITDA in Q1 2025, a landmark achievement for the mobile and broadband wireless infrastructure provider. Top executives, including CEO Francis Letourneau, CFO Jim Bailey, and IR representative Frank Candido, shared insights and perspectives in a recently released corporate update video.
Positive
First-time positive EBITDA achievement in Q1 2025
Ongoing negotiations for potential debt restructuring with better terms
Negative
Company seeking additional operating funds indicating potential cash needs
Current debt structure may need restructuring
07/18/2025 – 07:35 AM
QUEBEC, QC – NuRAN Wireless Inc. (CSE:NUR)(OTCQB:NRRWF)(FSE:1RN), a key player in providing wireless infrastructure solutions for mobile and broadband, revealed a corporate update video following a Q1 performance that saw the company achieve positive EBITDA for the first time. Management had previously announced Q1 performance on May 29, 2025. Stakeholders can view the full video featuring Francis Letourneau, President and CEO, Jim Bailey, CFO, and Frank Candido, Investor Relations, for an in-depth look at this milestone.
In a strategic move to bolster its financial position, NuRAN Wireless is also in talks with current debt holders and prospective institutional investors. The aim is to secure additional operating capital and potentially restructure existing debt obligations under more favorable terms, positioning the company for sustained growth. Market watchers are keenly awaiting further updates on these negotiations. The company will provide an update if and when terms have been settled.
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:
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