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Telefónica Selects Ceragon as a Strategic Global Microwave Partner
Initial 2012 orders to come from Chile, Panama and Venezuela
PARAMUS, New Jersey, February 21, 2012/PRNewswire-FirstCall/ --
?Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]), the premier wireless backhaul
specialist, today announced that Telefonica has selected Ceragon as one of its global
microwave backhaul vendors. The Telefonica Group, a global Tier-1 telecommunications
company and one of the world's leading integrated operators, offers communication,
information and entertainment solutions in 25 countries, servicing more than 295 million
subscribers. Telefonica is initially expected to order systems from Ceragon for Chile,
Panama and Venezuela, where the Group services approximately 25 million subscribers.
"Ceragon solutions offer a good fit for our microwave backhaul needs. Their solutions
provide more capacity and a high ROI - interesting functionalities as we continue to
roll-out higher speed, higher capacity 4G/LTE mobile networks," explained Cayetano
Carbajo, Technology Director at the Telefonica Group. "Ceragon's experience and expertise
in bringing high-quality networks into service quickly, with a minimum time-to-revenue,
was also a key reason we chose the company as a preferred global vendor."
"As the rollout of higher capacity networks intensifies worldwide, global operators
such as Telefonica must be able to service new subscribers quickly and efficiently," said
Ira Palti, Ceragon's President and CEO. "As the premier wireless backhaul specialist,
Ceragon is committed to finding solutions that meet our customers' extreme capacity
challenges. The breadth of our company's portfolio of high-capacity microwave solutions,
combined with our proven execution and reliability in large deployments, makes Ceragon a
natural partner for Tier-1 operators such as Telefonica."
The Ceragon solutions selected by Telefonica are based on the field-proven,
carrier-grade FibeAir IP-10 family - an unrivaled wireless transport solution optimized
for all-IP mobile internet and broadband services. FibeAir IP-10 is a leading wireless
microwave solution that integrates advanced networking functionality with innovative
high-capacity radio technology, enabling up to 1 Gbps per channel. The solution enables
simplified network provisioning and monitoring while reducing the operator's total cost of
ownership (TCO), thereby enabling it to meet today's stringent service level agreements
(SLAs).
About the Telefonica Group
Telefonica is one of the largest telecommunications companies in the world in terms of
market capitalization. Its activities are centered mainly on the fixed and mobile
telecommunications businesses with broadband as the key tool for the development of both.
The company has a customer base of more than 300 million customers around the world.
Telefonica has a strong presence in Europe and Latin America, where the company focuses an
important part of its growth strategy. Telefonica is a 100% listed company, with more than
1.5 million direct shareholders. Its shares are traded on the London, New York, Lima,
Buenos Aires, Madrid and Sao Paulo stock exchanges. Telefonica Multinational Solutions
delivers integrated Fixed, Mobile and IT services to some of the world's top
Multinationals. More information about Telefonica Multinational Solutions is available at:
http://www.multinationalsolutions.telefonica.com. Telefonica International Wholesale
Services provides global telecommunication services for fixed and mobile carriers, ISPs
and content providers. Its integrated and competitive portfolio includes international
voice, IP, capacity, satellite services, international services for corporations, mobility
services and platform services. More information about Telefonica International Wholesale
Services is available at: http://www.carrierservices.telefonica.com/en/index.html
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the premier wireless backhaul specialist.
Ceragon's high capacity wireless backhaul solutions enable cellular operators and other
wireless service providers to deliver 2G/3G and 4G/LTE voice and data services that enable
smart-phone applications such as Internet browsing, music and video. With unmatched
technology and cost innovation, Ceragon's advanced point-to-point microwave systems allow
wireless service providers to evolve their networks from circuit-switched and hybrid
concepts to all IP networks. Ceragon solutions are designed to support all wireless access
technologies, delivering more capacity over longer distances under any given deployment
scenario. Ceragon's solutions are deployed by more than 230 service providers of all
sizes, and hundreds of private networks in more than 130 countries. Visit Ceragon at
http://www.ceragon.com.
Ceragon Networks(R) is a registered trademark of Ceragon Networks Ltd. in the United
States and other countries. Other names mentioned are owned by their respective holders.
Join the discussion
http://www.linkedin.com/company/14470
http://www.facebook.com/ceragonnetworks
http://twitter.com/Ceragon
http://www.youtube.com/user/CeragonNetworks?feature=mhum
This press release may contain statements concerning Ceragon's future prospects that
are "forward-looking statements" under the Private Securities Litigation Reform Act of
1995. These statements are based on current expectations and projections that involve a
number of risks and uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and estimates. These
are important factors that could cause actual results to differ materially from forecasts
and estimates. Some of the factors that could significantly impact the forward-looking
statements in this press release include the risk that Nera and Ceragon's businesses will
not be integrated successfully; the risk that any synergies from the transaction may not
be fully realized or may take longer to realize than expected; disruption from the Nera
transaction making it more difficult to maintain relationships with customers, employees
or suppliers, the risk that Nera business may not perform as expected, and other risks and
uncertainties, which are discussed in greater detail in Ceragon's Annual Report on Form
20-F and Ceragon's other filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date on which they are made and Ceragon
undertakes no commitment to revise or update any forward-looking statement in order to
reflect events or circumstances after the date any such statement is made.Ceragon's public
filings are available from the Securities and Exchange Commission's website at
http://www.sec.gov or may be obtained on Ceragon's website at
http://www.ceragon.com.
Company & Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel: +1-(201)-853-0228
yoelk@ceragon.com
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks Ltd.
Tel: +1-(201)-853-0271
abigaill@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-(508)-475-0025
x150
kquatromoni@rainierco.com
Source: Ceragon Networks Ltd
Telefónica Selects Ceragon as a Strategic Global Microwave Partner
Initial 2012 orders to come from Chile, Panama and Venezuela
PARAMUS, New Jersey, February 21, 2012/PRNewswire-FirstCall/ --
?Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]), the premier wireless backhaul
specialist, today announced that Telefonica has selected Ceragon as one of its global
microwave backhaul vendors. The Telefonica Group, a global Tier-1 telecommunications
company and one of the world's leading integrated operators, offers communication,
information and entertainment solutions in 25 countries, servicing more than 295 million
subscribers. Telefonica is initially expected to order systems from Ceragon for Chile,
Panama and Venezuela, where the Group services approximately 25 million subscribers.
"Ceragon solutions offer a good fit for our microwave backhaul needs. Their solutions
provide more capacity and a high ROI - interesting functionalities as we continue to
roll-out higher speed, higher capacity 4G/LTE mobile networks," explained Cayetano
Carbajo, Technology Director at the Telefonica Group. "Ceragon's experience and expertise
in bringing high-quality networks into service quickly, with a minimum time-to-revenue,
was also a key reason we chose the company as a preferred global vendor."
"As the rollout of higher capacity networks intensifies worldwide, global operators
such as Telefonica must be able to service new subscribers quickly and efficiently," said
Ira Palti, Ceragon's President and CEO. "As the premier wireless backhaul specialist,
Ceragon is committed to finding solutions that meet our customers' extreme capacity
challenges. The breadth of our company's portfolio of high-capacity microwave solutions,
combined with our proven execution and reliability in large deployments, makes Ceragon a
natural partner for Tier-1 operators such as Telefonica."
The Ceragon solutions selected by Telefonica are based on the field-proven,
carrier-grade FibeAir IP-10 family - an unrivaled wireless transport solution optimized
for all-IP mobile internet and broadband services. FibeAir IP-10 is a leading wireless
microwave solution that integrates advanced networking functionality with innovative
high-capacity radio technology, enabling up to 1 Gbps per channel. The solution enables
simplified network provisioning and monitoring while reducing the operator's total cost of
ownership (TCO), thereby enabling it to meet today's stringent service level agreements
(SLAs).
About the Telefonica Group
Telefonica is one of the largest telecommunications companies in the world in terms of
market capitalization. Its activities are centered mainly on the fixed and mobile
telecommunications businesses with broadband as the key tool for the development of both.
The company has a customer base of more than 300 million customers around the world.
Telefonica has a strong presence in Europe and Latin America, where the company focuses an
important part of its growth strategy. Telefonica is a 100% listed company, with more than
1.5 million direct shareholders. Its shares are traded on the London, New York, Lima,
Buenos Aires, Madrid and Sao Paulo stock exchanges. Telefonica Multinational Solutions
delivers integrated Fixed, Mobile and IT services to some of the world's top
Multinationals. More information about Telefonica Multinational Solutions is available at:
http://www.multinationalsolutions.telefonica.com. Telefonica International Wholesale
Services provides global telecommunication services for fixed and mobile carriers, ISPs
and content providers. Its integrated and competitive portfolio includes international
voice, IP, capacity, satellite services, international services for corporations, mobility
services and platform services. More information about Telefonica International Wholesale
Services is available at: http://www.carrierservices.telefonica.com/en/index.html
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the premier wireless backhaul specialist.
Ceragon's high capacity wireless backhaul solutions enable cellular operators and other
wireless service providers to deliver 2G/3G and 4G/LTE voice and data services that enable
smart-phone applications such as Internet browsing, music and video. With unmatched
technology and cost innovation, Ceragon's advanced point-to-point microwave systems allow
wireless service providers to evolve their networks from circuit-switched and hybrid
concepts to all IP networks. Ceragon solutions are designed to support all wireless access
technologies, delivering more capacity over longer distances under any given deployment
scenario. Ceragon's solutions are deployed by more than 230 service providers of all
sizes, and hundreds of private networks in more than 130 countries. Visit Ceragon at
http://www.ceragon.com.
Ceragon Networks(R) is a registered trademark of Ceragon Networks Ltd. in the United
States and other countries. Other names mentioned are owned by their respective holders.
Join the discussion
http://www.linkedin.com/company/14470
http://www.facebook.com/ceragonnetworks
http://twitter.com/Ceragon
http://www.youtube.com/user/CeragonNetworks?feature=mhum
This press release may contain statements concerning Ceragon's future prospects that
are "forward-looking statements" under the Private Securities Litigation Reform Act of
1995. These statements are based on current expectations and projections that involve a
number of risks and uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and estimates. These
are important factors that could cause actual results to differ materially from forecasts
and estimates. Some of the factors that could significantly impact the forward-looking
statements in this press release include the risk that Nera and Ceragon's businesses will
not be integrated successfully; the risk that any synergies from the transaction may not
be fully realized or may take longer to realize than expected; disruption from the Nera
transaction making it more difficult to maintain relationships with customers, employees
or suppliers, the risk that Nera business may not perform as expected, and other risks and
uncertainties, which are discussed in greater detail in Ceragon's Annual Report on Form
20-F and Ceragon's other filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date on which they are made and Ceragon
undertakes no commitment to revise or update any forward-looking statement in order to
reflect events or circumstances after the date any such statement is made.Ceragon's public
filings are available from the Securities and Exchange Commission's website at
http://www.sec.gov or may be obtained on Ceragon's website at
http://www.ceragon.com.
Company & Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel: +1-(201)-853-0228
yoelk@ceragon.com
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks Ltd.
Tel: +1-(201)-853-0271
abigaill@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-(508)-475-0025
x150
kquatromoni@rainierco.com
Source: Ceragon Networks Ltd