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Ceragon Networks Secures Significant Follow-On Orders with Major Brazilian Operator
Paramus, New Jersey, September 12, 2011 - Ceragon Networks Ltd. (NASDAQ: CRNT), the premier wireless backhaul specialist, announced today that it has received two large follow-on orders from a major operator in Brazil. The new orders, valued at several millions of dollars, follow Ceragon’s selection for the next phase of a wide deployment project that consists of handling all microwave transmission for the Rio de Janeiro (RJ), Espírito Santo (ES) and São Paulo (SP) states. Since the beginning of the year, Ceragon has secured orders for a number of deployment projects across Brazil worth tens of millions of dollars.
Considering the network evolution and demand for more capacity, Ceragon will introduce FibeAir IP-10 radios with future proof IP features and higher throughput. Ceragon will also ship its Evolution Long Haul products for long-haul applications – and in addition, provide full turnkey services to design and deploy a network spanning several hundred “hops”.
"Our continued success with a leading regional operator, and the integration of our FibeAir IP-10 short-haul solutions for the first time into its network, reaffirm our customer’s confidence in our solutions offering," said Ira Palti, President and CEO of Ceragon Networks. “Ceragon’s quick response time and proven implementation performance played a major role in our selection. We are pleased to work with major operators who are rapidly expanding their service coverage in Brazil, and thereby strengthen our position in this important market.”
Ceragon’s high-capacity solutions will expand the reach and capacity of a national Brazilian backhaul network. In addition to new installations, Ceragon systems will also be used to upgrade legacy TDM microwave links to IP/Ethernet - across the entire network. Easy to install and maintain, the Ceragon solutions feature future-proof design for simple, cost-efficient upgrades and faster return on investment.