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Nextlink Selects Ceragon for Wireless Ethernet

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Ceragon Networks Ltd.
24 Raoul Wallenberg Street
Tel-Aviv, 69719
Israel



Press release date: May 23, 2007

A Subsidiary of XO Holdings, Inc. With Broadband Wireless Licensed Spectrum in 75 Major U.S. Markets

TEL AVIV, Israel, May 23 / -- Ceragon Networks Ltd., www.ceragon.com, a leading provider of high-capacity wireless backhaul solutions, today announced that Nextlink Wireless, Inc., a subsidiary of XO Holdings, Inc., has entered into an agreement to use Ceragon's solutions to support broadband wireless based alternative access services including high speed Ethernet and Private Line Access.

Ceragon Networks provides Nextlink, one of the largest holders of fixed wireless spectrum, with the ability to deliver both Ethernet and TDM solutions over their high capacity wireless networks at speeds from 45 Mbps to 622 Mbps (OC-12). Ceragon's wireless solutions enable Nextlink to provide carrier grade, cost effective solutions to their wireless and wireline communications, government and business customers.

"The Ceragon solution meets our customers' requirements for carrier grade, high capacity connectivity," said Bob Beran, President of Nextlink.

"Ceragon enables carriers' seamless network migration by providing both IP and TDM wireless solutions," said Ira Palti, President and CEO, Ceragon Networks Ltd. "Nextlink joins a growing list of carrier customers taking advantage of the flexibility of our FibeAir product family."

As the largest Local Multipoint Distribution Service (LMDS) wireless spectrum holder, Nextlink is deploying Ceragon's FibeAir product family in the 28 - 31 GHz licensed band.

To learn more about Ceragon's high-capacity backhaul wireless solutions, please visit www.ceragon.com or call 1-877-FibeAir in the United States.

About Nextlink

Nextlink, a subsidiary of XO Holdings, Inc. (OTCBB: XOHO.OB), provides broadband wireless services to the wireless and wireline communications service provider, business and government markets. As one of the nation's largest holders of fixed wireless spectrum, Nextlink delivers high-quality, carrier-grade wireless access solutions that scale to meet the demands of today's converged world of communications - supporting next-generation mobile and wireline voice, data and video applications. For additional information, visit nextlink.com.

About Ceragon Networks Ltd

Ceragon Networks Ltd., a leading provider of high-capacity wireless backhaul solutions, enables rapid and cost-effective high-capacity network connectivity for mobile cellular infrastructure, fixed networks, private networks and enterprises. Ceragon's modular FibeAirŪ product family operates across multiple frequencies, supports integrated high-capacity services over SONET/SDH, ATM and IP networks, and offers innovative built-in add/drop multiplexing and encryption functionality to meet the growing demand for value-added broadband services. Ceragon's FibeAir product family complies with North American and international standards, and has been installed for more than 150 customers in more than 60 countries. More information is available at www.ceragon.com.

Source: Ceragon Networks Ltd

Company Contact: Monique Cohen, Ceragon Networks Ltd., +972-3-766-8430, monique@ceragon.com
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