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Tier 1 US Carrier Selects Ceragon for Continued 4G/LTE Network Expansion
Rapid wireless backhaul link deployment supports carrier's capacity and coverage growth plans; New orders bring carrier's install base to over 2,000 links
PARAMUS, New Jersey, April 30, 2014 /PRNewswire/ --
Ceragon Networks Ltd.
[http://www.ceragon.com/?utm_source=mcel_pr&utm_medium=pr&utm_campaign=mcel ], (NASDAQ:
CRNT), the #1 wireless hauling specialist, announced today a top four US wireless carrier
customers has placed a $4 million follow-on order with Ceragon to continue its network
modernization rollout. The planned deployments will include hundreds of wireless backhaul
links throughout the US. Ceragon has been a supplier to this tier 1 US carrier since 2010
and the follow-on order will bring Ceragon's installed base within the carrier to over
2,000 high-capacity microwave links.
As consumer demand for bandwidth grows exponentially and shows little signs of
slowing, US carriers continue to make investments to expand their 4G/LTE coverage and
upgrade existing infrastructure. According to a recent Heavy Reading report, the number of
4G/LTE cell sites in the US will almost triple itself from 2013 to 2017.
"Ceragon's solutions are of growing interest to US wireless carriers due to the
flexibility and speed of deployment that we offer," said Ira Palti, Ceragon Network's
President and CEO. "With Ceragon, carriers can rapidly deploy links in regions that need
additional connectivity alternatives or the ability to expand into rural markets. An
ongoing investment in wireless backhaul ensures a carrier is able to provide increased
capacity and improve the network Quality of Service and reliability that their customers
demand."
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless hauling specialist. We provide
innovative, flexible and cost-effective wireless backhaul and fronthaul solutions that
enable mobile operators and other wired/wireless service providers to deliver 2G/3G,
4G/LTE and other broadband services to their subscribers. Ceragon's high-capacity,
solutions use microwave technology to transfer voice and data traffic while maximizing
bandwidth efficiency, to deliver more capacity over longer distances under any deployment
scenario. Based on our extensive global experience, Ceragon delivers turnkey solutions
that support service provider profitability at every stage of the network lifecycle
enabling faster time to revenue, cost-effective operation and simple migration to all-IP
networks. As the demand for data pushes the need for ever-increasing capacity, Ceragon is
committed to serve the market with unmatched technology and innovation, ensuring effective
solutions for the evolving needs of the marketplace. Our solutions are deployed by more
than 430 service providers in over 130 countries.
Ceragon Networks(R) and FibeAir(R) are registered trademarks of Ceragon Networks Ltd.
in the United States and other countries. CERAGON(R) is a trademark of Ceragon Networks
Ltd., registered in various countries. Other names mentioned are owned by their respective
holders.
Join the discussion
LinkedIn: http://www.linkedin.com/company/14470
Facebook: https://www.facebook.com/ceragonnetworks
Twitter: https://twitter.com/Ceragon
YouTube: http://www.youtube.com/user/CeragonNetworks?featur
Safe Harbor
This press release may contain statements concerning Ceragon's future prospects that
are "forward-looking statements" under the Private Securities Litigation Reform Act of
1995. These forward-looking statements are subject to risks and uncertainties that may
cause actual results to differ materially, including risks associated with increased
working capital needs, risks associated with doing business in Latin America, including
currency export controls and recent economic concerns, the risks relating to the
concentration of our business in developing nations, the risk of significant expenses in
connection with potential contingent tax liability associated with Nera's prior operations
or facilities, and other risks and uncertainties detailed from time to time in Ceragon's
Annual Report on Form 20-F and Ceragon's other filings with the Securities and Exchange
Commission, and represent our views only as of the date they are made and should not be
relied upon as representing our views as of any subsequent date. We do not assume any
obligation to update any forward-looking statements.
Media Contact:
Justine Schneider
Calysto Communications
Tel: +1-(404)-266-2060 x507
jschneider@calysto.com
Company Contact:
Yoel Knoll
Ceragon Networks
Tel: +1-(201)-853-0271
yoelk@ceragon.com
Investor Contact:
Claudia Gatlin
Tel. +1-(201)-853-0228
claudiag@ceragon.com
Ceragon Networks Ltd
Tier 1 US Carrier Selects Ceragon for Continued 4G/LTE Network Expansion
Rapid wireless backhaul link deployment supports carrier's capacity and coverage growth plans; New orders bring carrier's install base to over 2,000 links
PARAMUS, New Jersey, April 30, 2014 /PRNewswire/ --
Ceragon Networks Ltd.
[http://www.ceragon.com/?utm_source=mcel_pr&utm_medium=pr&utm_campaign=mcel ], (NASDAQ:
CRNT), the #1 wireless hauling specialist, announced today a top four US wireless carrier
customers has placed a $4 million follow-on order with Ceragon to continue its network
modernization rollout. The planned deployments will include hundreds of wireless backhaul
links throughout the US. Ceragon has been a supplier to this tier 1 US carrier since 2010
and the follow-on order will bring Ceragon's installed base within the carrier to over
2,000 high-capacity microwave links.
As consumer demand for bandwidth grows exponentially and shows little signs of
slowing, US carriers continue to make investments to expand their 4G/LTE coverage and
upgrade existing infrastructure. According to a recent Heavy Reading report, the number of
4G/LTE cell sites in the US will almost triple itself from 2013 to 2017.
"Ceragon's solutions are of growing interest to US wireless carriers due to the
flexibility and speed of deployment that we offer," said Ira Palti, Ceragon Network's
President and CEO. "With Ceragon, carriers can rapidly deploy links in regions that need
additional connectivity alternatives or the ability to expand into rural markets. An
ongoing investment in wireless backhaul ensures a carrier is able to provide increased
capacity and improve the network Quality of Service and reliability that their customers
demand."
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless hauling specialist. We provide
innovative, flexible and cost-effective wireless backhaul and fronthaul solutions that
enable mobile operators and other wired/wireless service providers to deliver 2G/3G,
4G/LTE and other broadband services to their subscribers. Ceragon's high-capacity,
solutions use microwave technology to transfer voice and data traffic while maximizing
bandwidth efficiency, to deliver more capacity over longer distances under any deployment
scenario. Based on our extensive global experience, Ceragon delivers turnkey solutions
that support service provider profitability at every stage of the network lifecycle
enabling faster time to revenue, cost-effective operation and simple migration to all-IP
networks. As the demand for data pushes the need for ever-increasing capacity, Ceragon is
committed to serve the market with unmatched technology and innovation, ensuring effective
solutions for the evolving needs of the marketplace. Our solutions are deployed by more
than 430 service providers in over 130 countries.
Ceragon Networks(R) and FibeAir(R) are registered trademarks of Ceragon Networks Ltd.
in the United States and other countries. CERAGON(R) is a trademark of Ceragon Networks
Ltd., registered in various countries. Other names mentioned are owned by their respective
holders.
Join the discussion
LinkedIn: http://www.linkedin.com/company/14470
Facebook: https://www.facebook.com/ceragonnetworks
Twitter: https://twitter.com/Ceragon
YouTube: http://www.youtube.com/user/CeragonNetworks?featur
Safe Harbor
This press release may contain statements concerning Ceragon's future prospects that
are "forward-looking statements" under the Private Securities Litigation Reform Act of
1995. These forward-looking statements are subject to risks and uncertainties that may
cause actual results to differ materially, including risks associated with increased
working capital needs, risks associated with doing business in Latin America, including
currency export controls and recent economic concerns, the risks relating to the
concentration of our business in developing nations, the risk of significant expenses in
connection with potential contingent tax liability associated with Nera's prior operations
or facilities, and other risks and uncertainties detailed from time to time in Ceragon's
Annual Report on Form 20-F and Ceragon's other filings with the Securities and Exchange
Commission, and represent our views only as of the date they are made and should not be
relied upon as representing our views as of any subsequent date. We do not assume any
obligation to update any forward-looking statements.
Media Contact:
Justine Schneider
Calysto Communications
Tel: +1-(404)-266-2060 x507
jschneider@calysto.com
Company Contact:
Yoel Knoll
Ceragon Networks
Tel: +1-(201)-853-0271
yoelk@ceragon.com
Investor Contact:
Claudia Gatlin
Tel. +1-(201)-853-0228
claudiag@ceragon.com
Ceragon Networks Ltd