Ceragon Bags $5M Deal

Ceragon receives $5M follow-on order from a leading mobile operator in Mexico

June 25, 2008

1 Min Read

TEL AVIV -- Ceragon Networks Ltd. (NASDAQ: CRNT - News; TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions, today announced that it was awarded a $5 million follow-on equipment order from one of the leading mobile operators in Mexico. Ceragon's equipment will be used as part of a large-scale infrastructure expansion that includes capacity upgrades for an existing 2.5G network as well as preparation to support advanced 3G services in the near future. This order is the recent addition to an ongoing relationship between Ceragon and its esteemed Mexican customer since the year 2000.

Mexico is fast growing mobile communications market. According to a report from BuddeComm Mexico's mobile industry is growing at a yearly rate of around 22%, driven by a booming GSM market.

Ceragon's FibeAir® solutions will be used to deliver high capacity mobile backhauling in a 2xSTM-1 configuration. The advanced microwave systems are capable of operating in the 6 to 38 GHz frequency bands. Using single or dual independent, hot-swappable carriers with a cross-polar interference canceller (XPIC) mechanism, Ceragon solutions offer unmatched flexibility and reliability.

"We continue to strengthen our relations with our business partners in all regions of the world," said Ira Palti, President and CEO of Ceragon Networks. "This selection by a leading operator in a significant mobile market is another vote of confidence in our technological innovation, high quality service and customer-focused support."

Ceragon Networks Ltd. (Nasdaq: CRNT)

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