Ceragon Accelerating 4G Service Launch for Large Mobile Operators Across Asia Pacific

Ceragon Accelerating 4G Service Launch for Large Mobile Operators Across Asia Pacific

IP-20 platform enables simple, quick network upgrades and expansions

PARAMUS, New Jersey, July 14, 2015 /PRNewswire/ --

    Ceragon Networks Ltd. [http://www.ceragon.com ], (NASDAQ: CRNT), the #1 wireless
backhaul specialist, today announced that three leading mobile operators in the Asia
Pacific region, including one in India, are deploying its IP-20 platform as means to
accelerate 4G services availability. The total value of the three projects is over $43
million.

    All three mobile operators are long-standing Ceragon customers and share a common
challenge: to quickly and efficiently upgrade and expand their networks to 4G/LTE. In
order to provide the most extensive suite of 4G services to their subscribers, they
require a wireless backhaul solution that will allow for simple and quick network upgrade,
with no service interruption, and rapid network expansion for support of mobile,
enterprise and residential subscribers, as well as school districts for bridging the
digital divide. The IP-20 platform is uniquely designed to support business objectives
such as accelerating transformation to digital services, increasing operational efficiency
and enhancing customer experience. With the IP-20 platform, Ceragon's customers enjoy a
simple upgrade of existing wireless backhaul links with new radio technologies, without
replacing radios nor antennas on towers and rooftops, such as ultra-high 4G backhaul
capacity using the highest modulations, capacity boosting and IP traffic management
techniques, better spectrum utilization and management, and state of the art quality of
service enforcement & management. The capability to perform a simple upgrade proves to be
a major contribution to meeting the operators' business objectives.

    With network expansions required in all three operators' regions, Ceragon provides the
IP-20 platform's unique wireless backhaul 4x4 MIMO technology for quadrupling capacity
over a single narrowband channel over long distances, avoiding the need to opt for
wideband short range spectrum. Moreover, in order to meet stringent network availability
requirements, Ceragon offers an extensive suite of equipment redundancy capabilities,
unique to the IP-20 platform, in order to ensure consistent and reliable network
performance.

    The IP-20 platform provides all three operators with a unified, simple to deploy &
operate solution that fits all network segments, from wireless backhaul for the Radio
Access Network, all the way to the backbone.

     "We are delighted to continue these key customer relationships by providing value via
our advanced turnkey solutions," said Ira Palti, president and CEO of Ceragon. "Having all
three operators choose Ceragon for their individual 4G network expansion and upgrade
illustrates the immense benefits our IP-20 platform provides for solving a wide variety of
wireless backhaul needs."

    About Ceragon Networks Ltd. 

    Ceragon Networks Ltd. [http://www.ceragon.com ] (NASDAQ: CRNT) 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.

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    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 contains statements concerning Ceragon's future prospects that are
"forward-looking statements" under the Private Securities Litigation Reform Act of 1995.
Examples of forward-looking statements include: projections of capital expenditures and
liquidity, competitive pressures, revenues, growth prospects, product development,
financial resources, restructuring costs, cost savings and other financial matters. You
can identify these and other forward-looking statements by the use of words such as "may,"
"plans," "anticipates," "believes," "estimates," "predicts," "expects," "intends,"
"potential" or the negative of such terms, or other comparable terminology. These
forward-looking statements are subject to risks and uncertainties that may cause actual
results to differ materially, including risks associated with increased working capital
needs; risks associated with the ability of Ceragon to meet its liquidity needs; the risk
that Ceragon will not achieve the benefits it expects from its expense reduction and
profit enhancement programs; the risk that Ceragon will not comply with the financial or
other covenants in its agreements with its lenders; the risk that sales of Ceragon's new
IP-20 products will not meet expectations; risks associated with doing business in Latin
America, including currency export controls and recent economic concerns; risks relating
to the concentration of our business in the Asia Pacific region and in developing nations;
the risk of significant expenses in connection with potential contingent tax liability
associated with Nera's prior operations or facilities; and other risks and uncertainties
detailed from time to time in Ceragon's Annual Report on Form 20-F and Ceragon's other
filings with the Securities and Exchange Commission, and represent our views only as of
the date they are made and should not be relied upon as representing our views as of any
subsequent date. We do not assume any obligation to update any forward-looking
statements. 

       
         
        Media Contact: 
        Matthew Krieger 
        GK Public Relations 
        Tel: + 914-768-4219 
        matthew@gkpr.com  
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        Company Contact: 
        Tanya Solomon 
        Ceragon Networks 
        Tel: +972-3-543-1163 
        tanyas@ceragon.com  
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        Investor Contact: 
        Claudia Gatlin 
        Tel. +1-(212)-830-9080 
        claudiag@ceragon.com  

     

Ceragon Networks Ltd