TEL AVIV, Israel, July 15, 2009 - Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions, today announced that it has signed a multi-year global supply agreement with the Hutchison 3 Group, a leading global player in the 3G telecommunications arena.
Under the Global Supply Agreement, Ceragon will provide Hutchison with its Next Generation high capacity Ethernet solutions including the leading edge FibeAir IP-10 platform, in support of the Hutchison’s network migration plans from TDM to IP. The move will enable Hutchison to enhance network capacity quickly and cost effectively, allowing it to successfully meet the growing demand for data and multimedia services across its multi-national mobilenetworks.
“We are extremely proud to be selected as global microwave solutions provider to one of the world’s leading operators,” said Ira Palti, President and CEO of Ceragon. “Our advanced solutions are specifically designed to support and simplify the migration from TDM to IP while reducing the network’s overall costs. This agreement reaffirms Ceragon’s position as a leading Ethernet and LTE-ready wireless backhaul solutions provider.”
Ceragon’s FibeAir IP-10 offers a first-of-its-kind combination of advanced native TDM and native Ethernet networking in a single, highly integrated mobile backhaul platform. Supporting a wide capacity range of 10Mbps to 500Mbps over a single radio carrier, FibeAir IP-10 utilizes a single RF unit across the entire licensed frequency spectrum – from 6GHz to 38GHz. Advanced Adaptive Coding & Modulation (ACM) helps to maximize spectrum utilization and ensures the industry’s highest capacities over any given bandwidth - and under changing environmental conditions.
The Hutchison 3 Group is a division of Hutchison Whampoa, a leading international corporation committed to innovation and technology. Hutchison 3 Group, together with Hutchison Telecommunications International Limited and Hutchison Telecommunications Hong Kong Holdings, is the leading global player in the 3G arena, holding licences in 12 markets with total population coverage of approximately 481 million.
To date, commercial 3G services have been launched in Australia, Austria, Denmark, Hong Kong, Ireland, Israel, Italy, Sweden and the UK. Hutchison announced more than 20 million 3G customers in March 2009.