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Ceragon Continues to Deploy LTE Backhaul Network for Major APAC Mobile Operator
Ceragon's Solutions and Professional Turnkey Services Bring APAC Network into Service Quickly
PARAMUS, New Jersey, July 10, 2013 /PRNewswire/ --
Ceragon Networks Ltd. [http://www.ceragon.com ], (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]), the #1 wireless backhaul specialist,
today announced that a large Asia Pacific (APAC) mobile operator is deploying Ceragon's
solutions as part of its LTE network upgrade. Adding to its large existing install base,
these new orders, valued at over $3.5 million, will enable the operator to expand both
network capacity and availability thereby providing the necessary infrastructure to
support current and future data traffic needs. Ceragon is also supplying a range of
professional turnkey services including planning, network design and project management to
ensure fast time to market for the operator and fast time to service for its customers.
According to an Ernst & Young report
[http://www.gsma.com/spectrum/wp-content/uploads/2012/06/Stephen_Lo_EY_Public_Policy_Forum_Mobile_Broadband_Readiness.pdf ]
on Mobile Broadband Readiness, APAC is experiencing
exponential growth of data volumes largely due to the popularity of smartphones and
tablets, and by 2016 the region is expected to account for one-third of the total global
mobile data traffic. This surge in data traffic is placing enormous pressure on the
already limited network capacity and operators are increasingly rolling out 4G/LTE
networks as one of their strategies to relieve network strain.
"Ceragon's microwave backhaul solutions offer operators in the APAC region a quantum
leap in capacity for their 3G and 4G network rollouts without sacrificing profitability,"
said Ira Palti, Ceragon Network's President and CEO. "Our solutions are easy to install,
highly reliable, and ensure high service availability. This translates to a faster ROI for
operators especially when supported by the knowledge and understanding of our
locally-based professional services teams."
About Ceragon Networks Ltd.
Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]) is the #1 wireless backhaul specialist.
We provide innovative, flexible and cost-effective wireless backhaul and fronthaul
solutions that enable mobile operators and other wired/wireless service providers to
deliver 2G/3G, 4G/LTE and other broadband services to their subscribers. Ceragon's
high-capacity solutions use microwave technology to transfer voice and data traffic while
maximizing bandwidth efficiency to deliver more capacity over longer distances under any
deployment scenario. Based on our extensive global experience, Ceragon delivers turnkey
solutions that support service provider profitability at every stage of the network
lifecycle enabling faster time to revenue, cost-effective operation and simple migration
to all-IP networks. As the demand for data pushes the need for ever-increasing capacity,
Ceragon is committed to serve the market with unmatched technology and innovation,
ensuring effective solutions for the evolving needs of the marketplace. Our solutions are
deployed by more than 430 service providers in over 130 countries.
Ceragon Networks(R) and FibeAir(R) are registered trademarks of Ceragon Networks Ltd.
in the United States and other countries. CERAGON (R) is a trademark of Ceragon Networks
Ltd., registered in various countries. Other names mentioned are owned by their respective
holders.
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 of significant expenses in connection
with potential contingent tax liability associated with Nera's prior operations or
facilities, risks associated with unexpected changes in customer demand, risks associated
with increased working capital needs, 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
Media Contact:
Justine Schneider
Calysto Communications
Tel: +1-(404)-266-2060 x507
jschneider@calysto.com
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks
Tel: +1-(201)-853-0271
abigaill@ceragon.com
Company & Investor Contact:
Yoel Knoll
Ceragon Networks
Tel. +1-(201)-853-0228
yoelk@ceragon.com
Ceragon Networks Ltd
Ceragon Continues to Deploy LTE Backhaul Network for Major APAC Mobile Operator
Ceragon's Solutions and Professional Turnkey Services Bring APAC Network into Service Quickly
PARAMUS, New Jersey, July 10, 2013 /PRNewswire/ --
Ceragon Networks Ltd. [http://www.ceragon.com ], (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]), the #1 wireless backhaul specialist,
today announced that a large Asia Pacific (APAC) mobile operator is deploying Ceragon's
solutions as part of its LTE network upgrade. Adding to its large existing install base,
these new orders, valued at over $3.5 million, will enable the operator to expand both
network capacity and availability thereby providing the necessary infrastructure to
support current and future data traffic needs. Ceragon is also supplying a range of
professional turnkey services including planning, network design and project management to
ensure fast time to market for the operator and fast time to service for its customers.
According to an Ernst & Young report
[http://www.gsma.com/spectrum/wp-content/uploads/2012/06/Stephen_Lo_EY_Public_Policy_Forum_Mobile_Broadband_Readiness.pdf ]
on Mobile Broadband Readiness, APAC is experiencing
exponential growth of data volumes largely due to the popularity of smartphones and
tablets, and by 2016 the region is expected to account for one-third of the total global
mobile data traffic. This surge in data traffic is placing enormous pressure on the
already limited network capacity and operators are increasingly rolling out 4G/LTE
networks as one of their strategies to relieve network strain.
"Ceragon's microwave backhaul solutions offer operators in the APAC region a quantum
leap in capacity for their 3G and 4G network rollouts without sacrificing profitability,"
said Ira Palti, Ceragon Network's President and CEO. "Our solutions are easy to install,
highly reliable, and ensure high service availability. This translates to a faster ROI for
operators especially when supported by the knowledge and understanding of our
locally-based professional services teams."
About Ceragon Networks Ltd.
Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ: CRNT
[http://www.ceragon.com/investor_relations.asp ]) is the #1 wireless backhaul specialist.
We provide innovative, flexible and cost-effective wireless backhaul and fronthaul
solutions that enable mobile operators and other wired/wireless service providers to
deliver 2G/3G, 4G/LTE and other broadband services to their subscribers. Ceragon's
high-capacity solutions use microwave technology to transfer voice and data traffic while
maximizing bandwidth efficiency to deliver more capacity over longer distances under any
deployment scenario. Based on our extensive global experience, Ceragon delivers turnkey
solutions that support service provider profitability at every stage of the network
lifecycle enabling faster time to revenue, cost-effective operation and simple migration
to all-IP networks. As the demand for data pushes the need for ever-increasing capacity,
Ceragon is committed to serve the market with unmatched technology and innovation,
ensuring effective solutions for the evolving needs of the marketplace. Our solutions are
deployed by more than 430 service providers in over 130 countries.
Ceragon Networks(R) and FibeAir(R) are registered trademarks of Ceragon Networks Ltd.
in the United States and other countries. CERAGON (R) is a trademark of Ceragon Networks
Ltd., registered in various countries. Other names mentioned are owned by their respective
holders.
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 of significant expenses in connection
with potential contingent tax liability associated with Nera's prior operations or
facilities, risks associated with unexpected changes in customer demand, risks associated
with increased working capital needs, 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
Media Contact:
Justine Schneider
Calysto Communications
Tel: +1-(404)-266-2060 x507
jschneider@calysto.com
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks
Tel: +1-(201)-853-0271
abigaill@ceragon.com
Company & Investor Contact:
Yoel Knoll
Ceragon Networks
Tel. +1-(201)-853-0228
yoelk@ceragon.com
Ceragon Networks Ltd