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Large Mobile Operators Expand 4G Services Throughout North America with Ceragon's IP-20 Platform
LITTLE FALLS, New Jersey, September 9, 2015 /PRNewswire/ --
Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ:Â CRNT), the #1 wireless
backhaul specialist today announced that three large North American mobile operators, all
existing Ceragon customers, are deploying its IP-20 platform for their separate 4G network
expansion and modernization projects.
The growing demand for Ceragon's IP-20 platform in North America is attributed to its
high capacity, high availability, high reliability and backwards compatibility
capabilities, providing exceptional performance. These mobile operators chose Ceragon's
IP-20 wireless backhaul solution as it enables them to quickly and efficiently modernize
the existing networks to 4G and rapidly expand coverage and capacity. The IP-20 platform
allows them to meet increasing network traffic demands with its ability to deliver the
highest possible capacity under any condition, while ensuring maximal spectral efficiency.
By providing uncompromised reliability and redundancy, Ceragon's IP-20 platform ensures
consistent and reliable network performance, hence enabling all three operators to deliver
an excellent, uninterrupted mobile experience to their end users.
The Ceragon offering allows these three long standing Ceragon customers to save
significant CAPEX and OPEX as they are able to leverage their legacy Ceragon antennas and
radios while performing minimal upgrades to sites. The operators additionally enjoy the
IP-20 platform's backwards compatibility capabilities with legacy Ceragon products
installed at remote sites, which significantly reduce implementation times and required
site visits, ultimately allowing their network to be up and running quickly with minimal
service interruptions. With its compact radios, the IP-20 platform also saves operators
site and tower real estate costs. The Ceragon high power IP-20 platform delivers operators
a complete wireless backhaul solution that enables them to meet their operational
efficiency targets.
"We are extremely pleased to see our North American customers embracing the IP-20
platform in their 4G expansion projects," said Ira Palti, president and CEO of Ceragon.
"We appreciate the long term partnerships we have with our customers, and are to
continuously providing them with a truly best of breed portfolio of products that meets
their current and future needs." Â
About Ceragon Networks Ltd.Â
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul specialist. We
provide innovative, flexible and cost-effective wireless backhaul solutions that enable
mobile operators and other service providers to deliver 4G/LTE, 3G/2G, and other wireless
broadband services to their subscribers with high quality of experience. Our solutions are
deployed by public utilities, government and defense organizations for delivering mission
critical multimedia and other applications at high reliability and speed. Ceragon's
high-capacity solutions use microwave technology to transfer multimedia, 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
modernization to all-IP networks. As the demand for multimedia services 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.
   Â
Â
Join the DiscussionÂ
https://www.linkedin.com/company/ceragon-networks Â
https://www.facebook.com/ceragonnetworks Â
https://mobile.twitter.com/Ceragon Â
https://www.youtube.com/user/CeragonNetworks?feature=mhumÂ
http://www.ceragon.com/blogs/backhaulforum
Â
Â
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.Â
Safe HarborÂ
This press release contains statements concerning Ceragon's future prospects that are
"forward-looking statements" under the Private Securities Litigation Reform Act of 1995.
Examples of forward-looking statements include: projections of capital expenditures and
liquidity, competitive pressures, revenues, growth prospects, product development,
financial resources, restructuring costs, cost savings and other financial matters. You
can identify these and other forward-looking statements by the use of words such as "may,"
"plans," "anticipates," "believes," "estimates," "predicts," "expects," "intends,"
"potential" or the negative of such terms, or other comparable terminology. These
forward-looking statements are subject to risks and uncertainties that may cause actual
results to differ materially, including the risk that Ceragon will not achieve the
benefits it expects from its expense reduction and profit enhancement programs; the risk
that Ceragon's expectations regarding future revenues and profitability will not
materialize; the risk that Ceragon will not comply with the financial or other covenants
in its agreements with its lenders; risks associated with doing business in Latin America,
including currency export controls and recent economic concerns; risks relating to the
concentration of our business in the Asia Pacific region and 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.Â
Â
Media Contact:Â
Matthew KriegerÂ
GK Public RelationsÂ
Tel: +1-914-768-4219Â
matthew@gkpr.com Â
EmptyBreak:MARKERÂ
Company Contact:Â
Tanya SolomonÂ
Ceragon NetworksÂ
Tel: +972-3-543-1163Â
tanyas@ceragon.com Â
EmptyBreak:MARKERÂ
Investor Contact:Â
Claudia GatlinÂ
Tel. +1-(212)-830-9080Â
claudiag@ceragon.com Â
Â
Ceragon Networks Ltd
Large Mobile Operators Expand 4G Services Throughout North America with Ceragon's IP-20 Platform
LITTLE FALLS, New Jersey, September 9, 2015 /PRNewswire/ --
Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ:Â CRNT), the #1 wireless
backhaul specialist today announced that three large North American mobile operators, all
existing Ceragon customers, are deploying its IP-20 platform for their separate 4G network
expansion and modernization projects.
The growing demand for Ceragon's IP-20 platform in North America is attributed to its
high capacity, high availability, high reliability and backwards compatibility
capabilities, providing exceptional performance. These mobile operators chose Ceragon's
IP-20 wireless backhaul solution as it enables them to quickly and efficiently modernize
the existing networks to 4G and rapidly expand coverage and capacity. The IP-20 platform
allows them to meet increasing network traffic demands with its ability to deliver the
highest possible capacity under any condition, while ensuring maximal spectral efficiency.
By providing uncompromised reliability and redundancy, Ceragon's IP-20 platform ensures
consistent and reliable network performance, hence enabling all three operators to deliver
an excellent, uninterrupted mobile experience to their end users.
The Ceragon offering allows these three long standing Ceragon customers to save
significant CAPEX and OPEX as they are able to leverage their legacy Ceragon antennas and
radios while performing minimal upgrades to sites. The operators additionally enjoy the
IP-20 platform's backwards compatibility capabilities with legacy Ceragon products
installed at remote sites, which significantly reduce implementation times and required
site visits, ultimately allowing their network to be up and running quickly with minimal
service interruptions. With its compact radios, the IP-20 platform also saves operators
site and tower real estate costs. The Ceragon high power IP-20 platform delivers operators
a complete wireless backhaul solution that enables them to meet their operational
efficiency targets.
"We are extremely pleased to see our North American customers embracing the IP-20
platform in their 4G expansion projects," said Ira Palti, president and CEO of Ceragon.
"We appreciate the long term partnerships we have with our customers, and are to
continuously providing them with a truly best of breed portfolio of products that meets
their current and future needs." Â
About Ceragon Networks Ltd.Â
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul specialist. We
provide innovative, flexible and cost-effective wireless backhaul solutions that enable
mobile operators and other service providers to deliver 4G/LTE, 3G/2G, and other wireless
broadband services to their subscribers with high quality of experience. Our solutions are
deployed by public utilities, government and defense organizations for delivering mission
critical multimedia and other applications at high reliability and speed. Ceragon's
high-capacity solutions use microwave technology to transfer multimedia, 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
modernization to all-IP networks. As the demand for multimedia services 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.
   Â
Â
Join the DiscussionÂ
https://www.linkedin.com/company/ceragon-networks Â
https://www.facebook.com/ceragonnetworks Â
https://mobile.twitter.com/Ceragon Â
https://www.youtube.com/user/CeragonNetworks?feature=mhumÂ
http://www.ceragon.com/blogs/backhaulforum
Â
Â
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.Â
Safe HarborÂ
This press release contains statements concerning Ceragon's future prospects that are
"forward-looking statements" under the Private Securities Litigation Reform Act of 1995.
Examples of forward-looking statements include: projections of capital expenditures and
liquidity, competitive pressures, revenues, growth prospects, product development,
financial resources, restructuring costs, cost savings and other financial matters. You
can identify these and other forward-looking statements by the use of words such as "may,"
"plans," "anticipates," "believes," "estimates," "predicts," "expects," "intends,"
"potential" or the negative of such terms, or other comparable terminology. These
forward-looking statements are subject to risks and uncertainties that may cause actual
results to differ materially, including the risk that Ceragon will not achieve the
benefits it expects from its expense reduction and profit enhancement programs; the risk
that Ceragon's expectations regarding future revenues and profitability will not
materialize; the risk that Ceragon will not comply with the financial or other covenants
in its agreements with its lenders; risks associated with doing business in Latin America,
including currency export controls and recent economic concerns; risks relating to the
concentration of our business in the Asia Pacific region and 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.Â
Â
Media Contact:Â
Matthew KriegerÂ
GK Public RelationsÂ
Tel: +1-914-768-4219Â
matthew@gkpr.com Â
EmptyBreak:MARKERÂ
Company Contact:Â
Tanya SolomonÂ
Ceragon NetworksÂ
Tel: +972-3-543-1163Â
tanyas@ceragon.com Â
EmptyBreak:MARKERÂ
Investor Contact:Â
Claudia GatlinÂ
Tel. +1-(212)-830-9080Â
claudiag@ceragon.com Â
Â
Ceragon Networks Ltd