Ceragon Continues to Deploy LTE Backhaul Network for Major APAC Mobile
Ceragon's Solutions and Professional Turnkey Services Bring APAC Network into
PARAMUS, New Jersey, July 10, 2013
PARAMUS, New Jersey, July 10, 2013 /PRNewswire/ --
Ceragon Networks Ltd., (NASDAQ: CRNT), the #1 wireless backhaul specialist,
today announced that a large Asia Pacific (APAC) mobile operator is deploying
Ceragon's solutions as part of its LTE network upgrade. Adding to its large
existing install base, these new orders, valued at over $3.5 million, will
enable the operator to expand both network capacity and availability thereby
providing the necessary infrastructure to support current and future data
traffic needs. Ceragon is also supplying a range of professional turnkey
services including planning, network design and project management to ensure
fast time to market for the operator and fast time to service for its
According to an Ernst & Young report on Mobile Broadband Readiness, APAC is
experiencing exponential growth of data volumes largely due to the popularity
of smartphones and tablets, and by 2016 the region is expected to account for
one-third of the total global mobile data traffic. This surge in data traffic
is placing enormous pressure on the already limited network capacity and
operators are increasingly rolling out 4G/LTE networks as one of their
strategies to relieve network strain.
"Ceragon's microwave backhaul solutions offer operators in the APAC region a
quantum leap in capacity for their 3G and 4G network rollouts without
sacrificing profitability," said Ira Palti, Ceragon Network's President and
CEO. "Our solutions are easy to install, highly reliable, and ensure high
service availability. This translates to a faster ROI for operators especially
when supported by the knowledge and understanding of our locally-based
professional services teams."
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul 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® 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, risks associated with
unexpected changes in customer demand, 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 at http://www.sec.gov or may be obtained on Ceragon's
website at http://www.ceragon.com
Tel: +1-(404)-266-2060 x507
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SOURCE Ceragon Networks Ltd
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