Ceragon Networks Awarded Follow-On Orders of $6.5 Million from Mozambique
Cellular for Wireless Backhaul Deployment
Ceragon solutions deployed include long haul, short haul and turnkey services
AFRICACOM, CAPE TOWN, South Africa, November 13, 2012
AFRICACOM, CAPE TOWN, South Africa, November 13, 2012 /PRNewswire/ --
Ceragon Networks Ltd. (NASDAQ:CRNT), the #1 wireless backhaul specialist,
today announced follow-on orders of more than $6.5 million USD with Mozambique
Cellular (mcel) to expand the carrier's microwave network, first established
in 2010. Ceragon is extending mcel's backbone network, based on Ceragon
technology, from Beira in central Mozambique to Nampula in the north of the
country, as well as upgrading access links nationwide, providing the only
broadband connection available for millions of Mozambicans.
The network expansion will bring improved capacity, and advanced services
delivery to millions of mcel users. The high capacity solutions, which are
based on Ceragon's Evolution IP Long Haul and FibeAir IP-10, enable mcel to
provide improved redundancy, increase network capacity, and improve their
subscribers' quality of experience (QoE).
Ceragon will be showcasing the solutions deployed by mcel along with a range
of its other high capacity solutions at AfricaCom, booth # F07.
mcel is Mozambique's leading mobile operator with over 4.5 million customers.
According to a recent industry report, Mozambique is one of the world's
fastest and most consistently growing economies, and is one of the highest
growth potential telecom markets in Africa.
"Over the past two years Ceragon's backbone network has successfully served
the requirements of our market throughout Mozambique," said Mohamed Mussa,
Technical Director of mcel. "As a result of our expanding customer base and
its increasing dependency on mobile, we looked for a way to expand our network
again. We knew that with Ceragon we could meet today's demand and prepare for
the future as 4G/LTE becomes more widely available."
"Mozambique Cellular brings connectivity for millions of people throughout the
country - an essential component of prosperity in today's global market,
whether it is in Paris, NYC or Nampula," said Ira Palti, President and CEO of
Ceragon. "We're honored to partner again with mcel to provide the country with
next generation wireless backhaul solutions and we look forward to a long and
About Ceragon Networks Ltd.
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 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® is a registered trademark of Ceragon Networks Ltd. in the
United States and other countries. Other names mentioned are owned by their
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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 statements are based on current
expectations and projections that involve a number of risks and uncertainties.
There can be no assurance that future results will be achieved,and actual
results could differ materially from forecasts and estimates. These are
important factors that could cause actual results to differ materially from
forecasts and estimates. Some of the factors that could significantly impact
the forward-looking statements in this press release include the risk of
significant expenses in connection with potential contingent tax liability
associated with Nera's prior operations or facilities,the risk that the
combined Ceragon and Nera business may not perform as expected,risks
associated with increased working capital needs,and other risks and
uncertainties,which are discussed in greater detail in Ceragon's Annual
Report on Form 20-F and Ceragon's other filings with the Securities and
Exchange Commission. Forward-looking statements speak only as of the date on
which they are made and Ceragon undertakes no commitment to revise or update
any forward-looking statement in order to reflect events or circumstances
after the date any such statement is made. Ceragon's public filings are
available from the Securities and Exchange Commission's website
athttp://www.sec.govor may be obtained on Ceragon's website
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