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Stelera brings advanced high-speed internet access services to rural America using HSPA (high-speed packet access) technology. The company holds licenses for spectrum covering a population of 6 million people, in ten states and over 300 cities. Stelera plans to offer service to 55 of these cities by the end of 2009, bridging the digital divide to the benefit of businesses and homes throughout rural America, with additional build out of its network in 2010.
"Ceragon solutions allow us to cost-efficiently build a wireless network that is optimized for delivering high-speed, value added data services," said Ed Evans, Chairman & CEO of Stelera Wireless. "Our company is determined to bring broadband connectivity to consumers that, until today, were virtually disconnected. Using Ceragon solutions we can now expand our network reach and serve new markets more quickly."
"We are very pleased to have been selected by an innovative wireless broadband service provider like Stelera," said Ira Palti, President and Chief Executive Officer of Ceragon. "Data applications will continue to drive the mobile backhaul market in developed markets. With its strong wireless IP solutions portfolio, Ceragon is well positioned to play a key role in the ongoing expansion of wireless broadband networks."
About Stelera Wireless
Stelera Wireless is a leader in the technology of broadband services for rural markets. It is committed to providing customers with the latest and most robust technology to provide the fastest data speeds available.
Stelera Wireless owns 42 licenses to cover approximately 6 million people in 9 states and 300 cities and towns across the United States, and is dedicated to provide superior services to each area. Headquartered in Oklahoma City, Oklahoma, Stelera Wireless is a privately held company.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT | Quote | Chart | News | PowerRating) is a leading provider of high capacity wireless backhaul solutions that enable wireless service providers to deliver voice and premium data services, such as Internet browsing, music and video applications. Ceragon's wireless backhaul solutions use microwave technology to transfer large amounts of network traffic between base stations and the infrastructure at the core of the mobile network. Ceragon designs solutions to provide fiber-like connectivity for circuit-switched, or SONET/SDH, networks, next generation Ethernet/Internet Protocol, or IP-based, networks, and hybrid networks that combine circuit-switched and IP-based networks. Ceragon's solutions support all wireless access technologies, including GSM, CDMA, EV-DO and WiMAX. These solutions address wireless service providers' need to cost-effectively build-out and scale their infrastructure to meet the increasing demands placed on their networks by growing numbers of subscribers and the increasing demand for premium data services. Ceragon also provides its solutions to businesses and public institutions that operate their own private communications networks. Ceragon's solutions are deployed by more than 150 service providers of all sizes, as well as in hundreds of private networks, in nearly 100 countries.
Ceragon Networks , CeraView , FibeAir , the FibeAir design mark and Native2 are registered trademarks., and Ceragon, PolyView, ConfigAir, CeraMon, EtherAir, QuickAir, QuickAirPartner Program, QuickAirPartner Certification Program, QuickAirPartner Zone, EncryptAir and Microwave Fiber are trademarks of Ceragon Networks Ltd.
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. These risks and uncertainties, as well as others, 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.
CONTACT: Yoel Knoll, Ceragon Networks Ltd Tel: +972 3 766 6419 e-mail: yoelk@ceragon.com WWW: http://www.ceragon.com Eran Kolran, Account Manager, NaoriComm Tel: +972 (0)9 7458467 e-mail: eran@naoricomm.com WWW: http://www.naoricomm.com Stelera Wireless WWW: http://www.stelerawireless.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
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