Nuran Wireless Inc · OTC:NRRWF
Nuran Wireless — Investor Presentation (November 2024)
23 slides from Nuran Wireless's investor presentation, November 2024
Slide 1: Rural Mobile Solutions Presentation 2024
1 RURAL MOBILE SOLUTIONS TO PRESENTATION 2024 NUR 1RN NRRWF
Slide 2: Key investment highlights
Key investment highlights 1 Untapped Market Opportunity 2 Scalable Business Model with High Barriers to Entry 3 Strong Partnerships and Customer Base 4 Social Impact and ESG Appeal 5 Robust Financial Projections and Attractive Returns 6 Experienced Management Team 7 Unique Opportunity to Partner wit
Slide 3: A pioneer in solutions for rural connectivity in emerging markets
A pioneer in developing and offering solutions for rural connectivity in emerging markets Rural Site Location Planning Integration into Site MNO Maps System Infrastructure • NuRAN Wireless (“NuRAN”) is a leader in rural mobile telecommunications providing wireless network coverage in remote areas gl
Slide 4: NuRAN has demonstrated its capacity to partner with strong global institutions
NuRAN has demonstrated its capacity to partner with strong global institutions 1 2 3 Institutional investors specializing in Trusted partner of leading telecom NuRAN’s technology, trusted by top-tier emerging markets and telecom operators in each market we operate, MNOs globally, is further strength
Slide 5: NuRAN Africa contracts with blue chip MNOs in 8 countries
NuRAN Africa has 2 countries of operations and contracts with blue chip MNOs in 8 countries 5,092 contracted sites across Africa 200 sites 500 sites Jul 2024 Jan 2023 1 7 Benin Madagascar 242 sites 250 sites 12 150 sites Oct 2020 Jun 2024 Apr 2021 2 8 Cameroon Namibia 10 1 7 initial sites Potential
Slide 6: Overview of NuRAN's milestones
Overview of NuRAN’s milestones NuRAN founded Listed on the 10-year NaaS 10-year NaaS 5-year NaaS 10-year NaaS USD5M secured Fully operational in and established as Canadian contract signed contract signed contract signed contract signed from Cygnum Cameroon an electronic Securities with Orange with
Slide 7: NuRAN is at the forefront of ESG
NuRAN is at the forefront of ESG with a solution that has a tremendous impact on communities worldwide and little or no environmental impact Environmental engagement Social engagement Governance and transparency ✓ Purposefully built technology ✓ Diverse and growing workforce ✓ Strong board oversight
Slide 8: Management team with deep industry knowledge
Management team with deep industry knowledge and clear roadmap for driving growth Francis Létourneau Jim Bailey David Parsons Navi Naidoo President and CEO Chief Financial Officer Chief Technology Officer Director and Chair of the Strategic Committee Seasoned executive with +25 years of Seasoned CFO
Slide 9: A USD 100 billion infrastructure gap needs to be addressed
A USD 100 billion infrastructure gap needs to be addressed to provide connectivity to Africa’s rural populations State of connectivity by region, with connectivity and usage gap by device type, 2022 No. of mobile subscribers in billions, 2019-2024F Not covered by mobile broadband (1) Smartphone but
Slide 10: Rural mobile coverage remains challenging for MNOs
Rural mobile coverage remains challenging, with MNOs facing obstacles that continue to create significant mobile connectivity gaps Comments State of connectivity in Sub-Saharan Africa, with connectivity and usage gap by device type, 2022 • The rural business model differs significantly from the trad
Slide 11: Many regions in Sub-Saharan Africa remain unconnected
Many regions in Sub-Saharan Africa remain unconnected, presenting a significant opportunity to deliver affordable, future-proof connectivity by targeting areas with little to no coverage Unique mobile subscribers by region in millions, 2030F, Subscriber penetration rate and technology mix in %, 2022
Slide 12: Opportunity for infrastructure optimization as MNOs seek third-party partners
Major opportunity for infrastructure optimization as MNOs seek third-party partners like NuRAN to build rural infrastructure CAPEX/Sales Ratio of MNOs, Africa segment, in %, 2022-2024F Estimated cost, in USD billions Weighted average CAPEX/Sales ratio Orange MTN Vodacom Airtel Network operations & m
Slide 13: Rural areas in Cameroon and DRC remain underserved
While national coverage is high, rural areas—home to a significant portion of the population—in Cameroon and DRC remain underserved, where NuRAN aims to deploy its network solutions Cameroon DRC USD47.8bn USD64.8bn GDP (2023) GDP (2023) Nord-UbangiBas-Uele Haut-Uele Sud-Ubangi 28.4m Extreme North 10
Slide 14: Overview of other key markets in Africa
Overview of other key markets in Africa Rural No. of SIM Network Population GDP No. of Country GDP(1) (1) population (1) mobile penetration coverage MNO market share per capital towers % subscribers rate % c. 46% c. 35% c. 1% USD19.9bn 14.1m USD1,408 49.9% n.a. 8.5m 60.2% 85.4% c. 18% Benin c. 49% c
Slide 15: Overview of the main NaaS operators in Africa
Overview of the main Naas operators in Africa Acts as an extended arm of the MNO, adapting coverage based on population density and Primarily 2G-focused, but 8 coverage patterns. Offers an agile and highly have 3G/4G capabilities adaptable service model Focused on ultra-rural sites, deploying 8m pol
Slide 16: Key differentiators of NuRAN provide a competitive edge
Key differentiators of NuRAN provide a competitive edge in the NaaS space Industry disruptive solutions that drive down up- 1 front capex and operating costs 2 In-house and well-proven technology ✓ NuRAN’s disruptive off-grid sites achieve a 5x cost reduction ✓ Advanced in-house capabilities for pro
Slide 17: The NaaS business model excels in remote, low-income areas
1 This is where the NaaS business model excels—NuRAN’s innovative RAN, core network, and backhaul solutions significantly reduce the total cost of ownership, enabling MNOs to profitably serve remote, low-income, and low-density areas for the first time Comments Revenue, OPEX, EBITDA/CAPEX, and CAPEX
Slide 18: Proprietary network infrastructure and RAN solutions
2 Leading the industry with cutting-edge, proprietary network infrastructure and RAN solutions, tailored for Sub-Saharan Africa’s challenging rural environments Base station product GSM Litecell 1.5 OC-2G GSM Litecell xG Network • 2G • 2G • 2G, 3G, 4G (LTE) Population • 1k to 20k • 0.3k to 4k • 4k t
Slide 19: Proprietary network infrastructure and RAN solutions
2 Leading the industry with cutting-edge, proprietary network infrastructure and RAN solutions, tailored for Sub-Saharan Africa’s challenging rural environments Solution Network 2G 2G 2G, 3G 2G, 3G, 4G Tower 10m, 12m 15m, 20m 20m, 30m 20m, 30m BTS OC2G BTS LiteCell BTS LiteCell 2Gx2 BTS LiteCell 2G
Slide 20: Working with Tier-1 MNOs in Africa
3 Working with Tier-1 MNOs in Africa 9 Major contracts signed with MNO Orange and MTN Country South 5,092 Cameroon DRC Sudan Namibia Sudan Ivory Coast Madagascar Cameroon Benin Total sites Contract date Oct-2020 Feb-2021 Dec-2021 Apr-2022 Jul-2022 Oct-2022 Jan-2023 Jun-2024 Jul-2024 26% Term 10 year
Slide 21: A Compelling Investment Opportunity
A Compelling Investment Opportunity Untapped Market Significant Robust Financial Opportunity Scalable Business Partnerships Social Impact And Esg Experienced Explosive Growth Projections With Estimated At Over Model – ‘Naas’ Including Orange And Appeal Management Potential Significant Returns Usd$10
Slide 22: Capital Structure
CAPITAL STRUCTURE ($USD) Ev Calculation Share Price (at November 8th, 2024) Shares Outstanding Equity Market Capitalization (at November 8th, 2024) Net Debt Enterprise Value warrants Outstanding options outstanding Exercise Price Number Expiry Date Exercise Price Number Expiry Date 0.25 $ 9,720,762
Slide 23: Contact
Francis letourneau CEO Francis.letourneau@nuranwireless.com www.nuranwireless.com investors@NURANWIRELESS.COM Website Email JIM BAILEY @NURANWIRELESS CFO Twitter, Facebook, LINKEDIN JIM.BAILEY@nuranwireless.com NUR 1RN NRRWF 23 23
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