Ceragon Receives First Orders for FibeAir IP-20C® from PEG Bandwidth
FibeAir IP-20C selected because of its unmatched data throughput and low TCO
PARAMUS, New Jersey, February 20, 2013
PARAMUS, New Jersey, February 20, 2013 /PRNewswire/ --
Ceragon Networks Ltd. (NASDAQ:CRNT), the #1 wireless backhaul specialist,
today announced that it has received initial orders from PEG Bandwidth for the
FibeAir IP20-C, Ceragon's recently launched, new generation of multi-core,
packet radio solutions. PEG Bandwidth, a leading provider of customized cell
site backhaul networks for wireless carriers, selected Ceragon's FibeAir
IP-20C to complement their extensive, 12-state fiber network because of its
ability to deliver unmatched capacity throughout the backhaul network at a low
total cost of ownership (TCO). The deployment will include dozens of FibeAir
IP-20C links throughout the United States.
"The capacity needs of the U.S. marketplace are changing as 4G/LTE usage
increases," said Christopher Pickard, Chief Technology Officer of PEG
Bandwidth. "Ceragon's FibeAir IP-20C enables us to offer our customers a broad
network of seamlessly integrated, high capacity backhaul solutions which can
suit the growing needs of our carrier customers, and help us to retain our
"Receiving these first orders for FibeAir IP-20C just weeks after its launch
is testament to the game-changing nature of the product," said Ira Palti,
President and CEO of Ceragon Networks. "In addition, having the orders come
from a company as successful and focused on innovation as PEG Bandwidth speaks
even further to how the FibeAir IP-20C can transform the backhaul and
fronthaul process. We believe that the FibeAir IP-20C, together with our
upcoming range of next-generation solutions will enable us to extend our
market share and assert our clear technological advantage over our
"We are delighted that PEG is Ceragon's first customer to deploy our new
FibeAir IP-20C and are confident that this is a good indicator of the
excellent fit that this product will have in the North American market," said
Charles (Chuck) Meyo, President of Ceragon North America.
With a focus on lower-tiered and rural markets, PEG Bandwidth customizes cell
site backhaul networks for the major wireless carriers, aggregating mission
critical backhaul traffic across multiple networks and providing a seamless
end-to-end connectivity solution. PEG Bandwidth has earned the trust of their
customers by delivering solutions which meet stringent Service Level
Agreements and delivering those solutions on-time.
FibeAir IP-20C breaks the traditional capacity barriers, and is the only
microwave radio to offer a virtual-fiber solution in licensed bands. It
features a breakthrough multi-core technology that employs a parallel radio
processing engine to double the link performance. Ceragon's FibeAir IP-20C
also boosts spectral efficiency to meet the increasingly demanding capacity
requirements of advanced HetNet backhaul and fronthaul scenarios. Built around
Ceragon's own baseband modem and RFIC technologies, the FibeAir IP-20C is the
first step in Ceragon's Holistic HetNet Hauling (3H) vision, which redefines
wireless connectivity in heterogeneous networks.
About PEG Bandwidth
PEG Bandwidth provides customized cell site backhaul solutions for wireless
operators to support 4th generation (4G) deployments. With offices in Dallas,
St. Louis and Philadelphia, PEG Bandwidth delivers complex network solutions
across broad geographies utilizing a combination of new fiber builds,
available dark fiber, partner fiber networks and licensed, point-to-point
microwave. PEG Bandwidth's team of backhaul experts aggregates traffic across
these disparate networks to provide a seamless, end-to-end solution from a
wireless operator's cell site to their switching facility. The company focuses
mainly on lower-tiered and rural markets where operators are struggling to
find carrier-class, scalable solutions for their backhaul requirements.
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® and FibeAir® are registered trademarks of Ceragon Networks
Ltd. in the United States and other countries. CERAGON ® is a trademark of
Ceragon Networks Ltd., registered in various countries. Other names mentioned
are owned by their respective holders.
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
Join the discussion:
Company & Investor Contact:
Ceragon Networks Ltd.
Ceragon Networks Ltd.
Tel. +1-(508)-475-0025 x150
For PEG Bandwidth media inquiries, please contact:
Jaymie Scotto & Associates
SOURCE Ceragon Networks Ltd
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