Paramus, New Jersey, July 14, 2014 –Ceragon Networks Ltd., (NASDAQ: CRNT), the #1 wireless hauling specialist, today announced that its high-capacity wireless hauling solutions have been selected by one of the leading telecom operators in Oceania as part of large-scale network expansion aimed to bring more 4G/LTE services to a growing customer base. The current orders total over $6 million.
With subscriber numbers steadily growing, Oceania’s mobile market remains highly competitive. By the start of 2014 mobile penetration reached nearly 94%, with mobile broadband penetration topping 65%. These up-takes have ultimately brought forth a higher demand for download speeds and data allowances. Oceania’s Telcos are responding to this greater demand by rolling out some of the fastest LTE deployments in the world, while at the same time increasing coverage.
“Our customers in Oceania are investing in upgrading their mobile infrastructure,” said Ira Palti, Ceragon Network’s President and CEO. “Our field-proven solutions will help push high-capacity and higher speed mobile and broadband services into areas that have no fiber coverage. We are proud to be the partner of choice for backhaul with a leading operator and assist in the expansion of LTE technology and advanced services.”
Ceragon’s high-capacity microwave solutions deliver a number of value added benefits including: high-capacity over both short and long distances, best power-consumption per transported bit and robust radio technology for high availability and reliability. All these factors translate into a lower total cost of ownership (TCO) for Ceragon customers around the globe.
