NuRAN company has a revenue of CAD $ 4mn . “ Our new vision is to shift the business model from being an equipment manufacturer to a NAAS and to invest in infrastructure ,” said Létourneau who was the only executive left standing following the challenges last year .
He pointed out that it is testament to the company ’ s resilience , values , and its passionate team that NuRAN Wireless can continue to pursue its inspiring goal . “ Our team rose to the challenge of the pandemic and I think we are more effective as remotely working allows everything to be fast and you ’ re always up to speed . The challenge for me was to rebuild the team with the new vision in mind of being a NAAS with projects starting in Africa .” Connections from the savannah to ships The future focus for NuRAN Wireless is now DRC , but as Létourneau points out , their reach historically extends to some of the world ’ s most remote locations from the African savannah to ships and offshore platforms . “ No matter how far our customers are from the main cities , or how low the population of their village is , we enable them to communicate with the rest of the world . We empower them to overcome the social and economic challenges that have to be addressed in order for a community to progress ,” said Létourneau .
He pointed out that NuRAN ’ s 2G low cost , low power solution which had a small bandwidth allowed the lowest cost of ownership . “ We are now moving into the next generation , which is LiteCell xg which will support 2G , 3G , and 4G . This will be rolled out in early autumn and will benefit rural connectivity . It can also support 5G and , although the rural market is not ready for this yet , we want to be ready for when it is available . The big trend in Africa is
EXECUTIVE BIO
FRANCIS LÉTOURNEAU
TITLE : PRESIDENT AND CEO INDUSTRY : TELECOMS LOCATION : QUEBEC , CANADA
Francis Létourneau is a seasoned and accomplished Sales and Marketing executive with over 25 years of experience in the telecom industry . Mr Létourneau is a results-oriented and self-driven professional with 20 years of experience at NuRAN Wireless Inc . Mr Létourneau was initially promoted to director on the Board of Directors at NuRAN in 2015 .
This experience has now earned him the title of President and CEO of NuRAN Wireless . Mr . Létourneau has been instrumental in steering NuRAN into a new direction through the implementation NAAS business model , which now defines NuRAN as Mobile Network Operator . As a result of this strategic initiative , NuRAN Wireless has now generated over CAD $ 550mn in contracts in its initial year as an MNO .
Létourneau holds a bachelor ’ s degree in Business Administration from Laval University , Quebec , Canada and is Registered Certified Management Accountant ( CMA ).