Ceragon Receives Follow-on Orders from Telefónica
Orders for high-capacity backhaul network in Mexico extend previous agreement
PARAMUS, New Jersey, March 12, 2013
PARAMUS, New Jersey, March 12, 2013 /PRNewswire/ --
Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist,
today announced that it has received follow on orders from Telefónica. With
new orders for network upgrading in Mexico, Ceragon now provides high-capacity
wireless backhaul solutions to Telefonica in four markets throughout Latin
The Telefónica Group, a global Tier-1 telecommunications company and one of
the world's leading integrated operators, offers communication, information
and entertainment solutions in 25 countries, servicing more than 300 million
"We are very happy to expand our relations with Telefónica, one the top five
global telecom operators," said Ira Palti, Ceragon's President and CEO. "As
more and more consumers use tablets and mobile phones to access the internet
wirelessly, forward looking operators like Telefonica are preparing their
networks to support high-speed 4G/LTE services. That we have penetrated into
an additional Telefonica market is further proof of our ability to provide the
most advanced solutions and reliably serve operators in large-scale
Ceragon solutions offer a great fit for 4G/LTE backhaul. Supporting high voice
and data capacities, these solutions are designed to enable simpler roll-outs
and network upgrades. Ceragon's experience and expertise in bringing
high-quality networks into service quickly allow for minimum time-to-revenue
and faster ROI. Ceragon's field-proven, carrier-grade FibeAir IP-10 family
offers wireless transport capacity optimized for all-IP mobile internet and
broadband services. Ceragon's solutions enable simplified network provisioning
and monitoring while reducing total cost of ownership (TCO), thereby enabling
it to meet today's stringent service level agreements (SLAs).
About the Telefónica Group
Telefónica is one of the largest telecommunications companies in the world in
terms of market capitalization. Its activities are centered mainly on the
fixed and mobile telecommunications businesses with broadband as the key tool
for the development of both. The company has a customer base of more than 300
million customers around the world. Telefónica has a strong presence in Europe
and Latin America, where the company focuses an important part of its growth
strategy. Telefónica is a 100% listed company, with more than 1.5 million
direct shareholders. Its shares are traded on the London, New York, Lima,
Buenos Aires, Madrid and São Paulo stock exchanges. Telefónica Multinational
Solutions delivers integrated Fixed, Mobile and IT services to some of the
world's top Multinationals. More information about Telefónica Multinational
Solutions is available at: http://www.multinationalsolutions.telefonica.com.
Telefonica International Wholesale Services provides global telecommunication
services for fixed and mobile carriers, ISPs and content providers. Its
integrated and competitive portfolio includes international voice, IP,
capacity, satellite services, international services for corporations,
mobility services and platform services. More information about Telefonica
International Wholesale Services is available at:
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 trademarks of Ceragon Networks Ltd.,
registered in the United States and other countries. CERAGON ® is a trademark
of Ceragon Networks Ltd., registered in various countries. Other names
mentioned in this publication are owned by their respective holders.
Join the discussion:
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, 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 athttp://www.ceragon.com
Company & Investor Contact:
Ceragon Networks Ltd.
Ceragon Networks Ltd.
Tel. +1-(508)-475-0025 x150
SOURCE Ceragon Networks Ltd
Press spacebar to pause and continue. Press esc to stop.