Ceragon to help operator get its network 5G-ready to deliver WOW (Wireless, Open, Wideband) customer experiences with uninterrupted connectivity and faster speeds
Richardson, Texas, February 24, 2022 - Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, announced today that a Tier 1 Operator in India has selected its solutions for a nationwide network evolution project to prepare for 5G. Operating in a highly competitive market, this long-standing customer is relying on Ceragon to help maintain and increase its market share by preparing its network to be the first to deliver uninterrupted 5G connectivity and services that will WOW its customers. In fact, the operator is currently conducting 5G field trials with Ceragon, including multiband as well as Open RAN.
In support of this project, initial orders valued at $15 Million dollars have been placed for Ceragon’s leading all-outdoor 5G-ready multicore solution, with delivery scheduled for Q2 and Q3 2022.
Doron Arazi, Ceragon Networks CEO commented: “This project, along with our ongoing 5G trials with this customer, is a testament to the trust and confidence our long-standing customers have in our technology, vision, and ability to deliver. Our continued efforts to deliver during 2021, despite the component shortages and shipment challenges, have paid out by getting a bigger market share in this roll out phase. In fact, these orders include a bigger portion of higher capacity configurations, which means higher licenses value contributing to our profit.”
The Tier 1 operator was looking to quickly and cost effectively modernize its massive India-wide network. It required fast site upgrades and expansion with minimal disruption, and reselected Ceragon as it offers the simplest upgrade and delivers the required high capacity at minimum footprint and downtime. This is a vote of confidence in Ceragon’s expertise, technology & capabilities.
On a general note, Ceragon is applying its wireless transport expertise to new network domains, including Disaggregated Cell Site Routing, Wireless Fronthaul, Wideband, and Managed Services - to help its customers better meet their network challenges. Ceragon’s new capabilities will be presented next week at MWC 2022 in Barcelona, Spain at booth 5G61.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the global innovator and leading solutions provider of 5G wireless transport. We help operators and other service providers worldwide increase operational efficiency and enhance end customers’ quality of experience with innovative wireless backhaul and fronthaul solutions. Our customers include service providers, public safety organizations, government agencies and utility companies, which use our solutions to deliver 5G & 4G broadband wireless connectivity, mission-critical multimedia services, stabilized communications, and other applications at high reliability and speed.
Ceragon’s unique multicore technology and disaggregated approach to wireless transport provides highly reliable, fast to deploy, high-capacity wireless transport for 5G and 4G networks with minimal use of spectrum, power, real estate, and labor resources. It enables increased productivity, as well as simple and quick network modernization, positioning Ceragon as a leading solutions provider for the 5G era. We deliver a complete portfolio of turnkey end-to-end AI-based managed and professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 400 service providers, as well as more than 800 private network owners, in more than 150 countries. For more information please visit: www.ceragon.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.
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