Ceragon Networks Secures Significant Follow-On Orders with Major Brazilian Operator
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Ceragon Networks, Inc.
10 Forest Ave.
Paramus, NJ, 07652
Press release date: September 12, 2011
Deal Includes Ceragon's FibeAir® IP-10 and Evolution® Long-Haul Solutions as well as Engineering, Installation, Commissioning and Project Management Services
PARAMUS, New Jersey, Ceragon Networks Ltd. (NASDAQ: CRNT [http://www.ceragon.com/investor_relations.asp ]), the premier wireless backhaul specialist, announced today that it has received two large follow-on orders from a major operator in Brazil. The new orders, valued at several millions of dollars, follow Ceragon's selection for the next phase of a wide deployment project that consists of handling all microwave transmission for the Rio de Janeiro (RJ), Espirito Santo (ES) and Sao Paulo (SP) states. Since the beginning of the year, Ceragon has secured orders for a number of deployment projects across Brazil worth tens of millions of dollars.
Considering the network evolution and demand for more capacity, Ceragon will introduce FibeAir IP-10 radios with future proof IP features and higher throughput. Ceragon will also ship its Evolution Long Haul products for long-haul applications - and in addition, provide full turnkey services to design and deploy a network spanning several hundred "hops".
"Our continued success with a leading regional operator, and the integration of our FibeAir IP-10 short-haul solutions for the first time into its network, reaffirm our customer's confidence in our solutions offering," said Ira Palti, President and CEO of Ceragon Networks. "Ceragon's quick response time and proven implementation performance played a major role in our selection. We are pleased to work with major operators who are rapidly expanding their service coverage in Brazil, and thereby strengthen our position in this important market."
Ceragon's high-capacity solutions will expand the reach and capacity of a national Brazilian backhaul network. In addition to new installations, Ceragon systems will also be used to upgrade legacy TDM microwave links to IP/Ethernet - across the entire network. Easy to install and maintain, the Ceragon solutions feature future-proof design for simple, cost-efficient upgrades and faster return on investment.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the premier wireless backhaul specialist. Ceragon's high capacity wireless backhaul solutions enable cellular operators and other wireless service providers to deliver 2G/3G and LTE/4G voice and data services that enable smart-phone applications such as Internet browsing, music and video. With unmatched technology and cost innovation, Ceragon's advanced point-to-point microwave systems allow wireless service providers to evolve their networks from circuit-switched and hybrid concepts to all IP networks. Ceragon solutions are designed to support all wireless access technologies, delivering more capacity over longer distances under any given deployment scenario. Ceragon's solutions are deployed by more than 230 service providers of all sizes, and hundreds of private networks in more than 130 countries. Visit Ceragon at http://www.ceragon.com.
Ceragon Networks® is a registered trademark of Ceragon Networks Ltd. in the United States and other countries. Other names mentioned are owned by their respective holders.
Company and Investor Contact:
Ceragon Networks Ltd.
Tel. +1-508-475-0025 x150