Ceragon Wins Multi-Million Dollar Orders for Upgrade and Support of Vodacom
Tanzania's Backbone Network
Ongoing deployment to support increasing demand for 3G data services for
millions of subscribers across the country
PARAMUS, N.J., Oct. 8, 2013
PARAMUS, N.J., Oct. 8, 2013 /PRNewswire/ --Ceragon Networks Ltd. (NASDAQ:
CRNT), the #1 wireless backhaul specialist, today announced that it has
received further orders of $7 million from Vodacom Tanzania, the country's
largest mobile operator, to upgrade and support backbone links across the
country. To date, the majority of Vodacom Tanzania's countrywide network is
based on Ceragon technology, serving over 10 million subscribers. This upgrade
is designed to support continued customer growth and heightened demand for
advanced data services. Vodacom Tanzania is a subsidiary of the Vodacom Group
Ltd, part of the Vodafone Group UK.
"As data usage increases, the network's capacity needs to grow in line with
our customer's new data consumption behavior. Our network's reliability is
contingent on the delivery of a robust backhaul and network backbone
infrastructure," said Rene Meza, Managing Director at Vodacom. "As our main
and best supplier for Microwave long haul technology, Ceragon has enabled us
since 2009 to reach our customers easily whether in urban or remote rural
areas. We chose Ceragon for this new project because we knew that they would
be able to accomplish the upgrade quickly and effectively and deliver
technology that would support us into the future."
Tanzania's mobile market penetration currently stands at approximately 51%.
The launch of 3G mobile broadband services has meant that mobile networks are
becoming the country's leading internet service providers on the back of their
extensive national infrastructure and existing subscriber bases in the voice
"The African marketplace is uniquely suited to embrace a wireless backhaul
approach," said Ira Palti, Ceragon's President and CEO. "Building connectivity
in remote areas, with a population accustomed to connecting to the Internet
primarily through mobile devices, is ideal for Ceragon's many long haul
offerings. We've worked closely with Vodacom as they built their network and
we're looking forward to working with them as they expand their services in
the coming years."
Vodacom is a mobile communications company providing voice, messaging, data
and converged solutions to around 50 million active customers in Africa.
Vodacom's head office is in Johannesburg, South Africa and operations include
networks in Tanzania, the Democratic Republic of Congo, Mozambique and
Lesotho. Vodacom Tanzania is a subsidiary company of Vodacom Group (Pty)
Limited, South Africa which is also a subsidiary of Vodafone Group UK. More
information is available at: https://www.vodacom.co.tz/.
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
Media Contact: Media Contact: Company & Investor Contact:
Justine Schneider Abigail Levy-Gurwitz Yoel Knoll
Calysto Communications Ceragon Networks Ceragon Networks
Tel: +1-(404)-266-2060 x507 Tel: +1-(201)-853-0271 Tel. +1-(201)-853-0228
email@example.com firstname.lastname@example.org email@example.com
Join the discussion:
Backhaul Forum: http://www.backhaulforum.com/
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 www.sec.gov or may be obtained on Ceragon's website at
SOURCE Ceragon Networks Ltd.
Press spacebar to pause and continue. Press esc to stop.