Little Falls, New Jersey, June 6, 2016 – Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that three mobile operators in India are continuing the large scale expansion of their 4G services with its IP-20 Platform. These Ceragon customers have placed orders totaling nearly $40 million, year to date, whereby approximately 25 percent of related revenue was recognized in Q1 and the remainder will be recognized in the coming quarters.
The operators require a fast 4G rollout that reliably and efficiently supports their current and future growing capacity requirements, and ultimately allows them to quickly take advantage of increased revenue opportunities. Ceragon is able to rapidly meet the operators’ demands, providing quick and simple installation as well as turnkey network rollout of its IP-20 Platform. Moreover, its IP-20 Platform’s advanced multicore technology offers the operators numerous capabilities that allow them to meet their business challenges and achieve the highest value.
The IP-20 Platform’s multicore technology enables the operators to enhance their customers’ quality of experience and achieve high subscriber acquisition rates by supplying exceptional 4G ultra-high capacity that is reliable, scalable and flexible. It offers the operators a built-in ability to quickly and seamlessly double capacity as future bandwidth requirements increase. Ceragon’s distinctive multicore technology helps the operators meet service demands in highly populated circles where fiber is not available and wireless backhaul spectrum is hard to find as it provides up to 1Gbps 4G backhaul using as little as a single narrowband frequency channel.
This unique technology also increases operational efficiency and delivers significant CAPEX and OPEX savings by offering a low footprint, all-outdoor solution with fewer radios and smaller antennas that reduces tower loads and minimizes tower leasing costs. In addition, the IP-20 offers comprehensive multi RAN-vendor interoperability capabilities, saving the operators even more valuable time and money to achieve 4G service availability across the country with high subscriber acquisition rates.
“We are pleased to see our customers in India consistently incorporate our IP-20 Platform in their 4G expansion projects,” said Ira Palti, president and CEO of Ceragon. “We are committed to delivering a best of breed portfolio of products that meets our customers current and future needs – helping them achieve their business goals and resolve their challenges to achieve the highest value for them.”
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul specialist. We help operators and other service providers worldwide increase operational efficiency and enhance end customers’ quality of experience with innovative wireless backhaul solutions. Our customers include wireless service providers, public safety organizations, government agencies and utility companies, which use our solutions to deliver 4G, mission-critical multimedia services and other applications at high reliability and speed. Ceragon’s unique multicore technology provides highly reliable, high-capacity 4G wireless backhaul with minimal use of spectrum, power and other resources. It enables increased productivity, as well as simple and quick network modernization. We deliver a range of professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 460 service providers, as well as hundreds of private network owners, in more than 130 countries.