Israeli’s Spacecom set to acquire 9.3% stake in Nuran Wireless

AFRICA – Spacecom, an Israeli satellite operator, is buying a 9.3% stake in rural connectivity provider Nuran Wireless to deepen its presence across Africa. The US$3.2 million deal includes exclusive rights for providing satellite capacity and bandwidth to Canada-based Nuran’s future operations in Africa, where Spacecom provides services with its Amos-17 spacecraft. It also covers managed services contracts Nuran has to extend French telco Orange’s mobile network in Cameroon and Congo. “The companies’ combined expertise and experience will ignite the potential of the rural market,” Nuran CEO Francis Letourneau said.…

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