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Today's news alerts include: Ceragon Expands High Capacity Trunk Network in the Dominican Republic
Codetel, the Leading Fixed/Mobile Operator in the Dominican Republic, Expands its Network With Ceragon's Wireless Trunk Solution in a Deal Valued Over $3 Million
TEL AVIV, Israel, May 19, 2009 -- Ceragon Networks Ltd. (NASDAQ: CRNT)(TASE: CRNT), a leading provider of high-capacity, LTE-Ready wireless backhaul solutions, today announced that Codetel, the leading fixed and mobile operator of the Dominican Republic is expanding its communications network using Ceragon equipment. Codetel, a subsidiary of America Movil, the leading wireless service provider in Latin America, will implement Ceragon's FibeAir 3200T long haul trunk solution to upgrade and replace parts of its existing fixed and mobile backbone network. Sales, installation and project management for this project were handled by TeleNetworks Broadband Solutions (http://www.telenetworkspr.com). The deal is valued at over $3 million in revenue for Ceragon
"We are responding to the need for additional data capacity and are moving quickly to upgrade and expand our backbone network," said Eng. Juan Mota Network Planning and Engineering Director at Codetel. "The FibeAir 3200T features excellent flexibility and modularity. This allows us to implement a simple upgrade concept and replace legacy equipment under live traffic."
FibeAir 3200T provides high capacity connectivity using multiple STM-1, OC-3, FE or GbE, and enables the deployment of voice and data services for rapidly growing networks. Codetel will utilize the solution in a variety of N+1 configurations, including the aggregation of 16 OC-3 into a single, ultra-high capacity logical channel. With FibeAir 3200T, which utilizes Ceragon's high-power RF unit (RFU-HP) Codetel benefits from superior radio performance enabling it to reach longer distances without increasing antenna size. Additionally, the system includes two receivers and one transmitter in each RF unit giving it a built-in Diversity capability which further increases the reliability of the link.
"We are proud to extend our relationship with Codetel and help this important operator meet its capacity requirements," said Ira Palti, President and Chief Executive Officer of Ceragon. "Over the past year we have seen a growing interest in our advanced Trunk solution. As a result, our FibeAir 3200 family of solutions is now deployed by leading operators around the world and serves both SDH/SONET and IP wireless networks."
About Codetel
The Dominican Telephony Company is the leading provider in the Dominican Republic of telecommunication services including wireline, wireless, long distance, internet and data with their recognized brands Codetel and Claro. Based in Santo Domingo and in service since 1930, Codetel is the only provider in the Dominican Republic that offers a complete telecommunications portfolio, which allows to segment their customer preferences. It is an America Movil Group subsidiary, which is the leading provider of wireless services in Latin America with operations in several countries of the American Continent.
About TeleNetworks Broadband Solutions, Inc.:
TeleNetworks Broadband Solutions, Inc. is a San Juan, Puerto Rico based reseller and systems integrator with over 20 years of experience in providing telecommunications networking solutions to carriers, utilities, service providers, MSOs and enterprises in Puerto Rico, Dominican Republic, and the rest of the Caribbean. Visit http://www.telenetworkspr.com.
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. More information is available at www.ceragon.com
Ceragon Networks(R), CeraView(R), FibeAir(R), the FibeAir(R) design mark and Native2(R) are registered trademarks., and Ceragon(TM), PolyView(TM), ConfigAir(TM), CeraMon(TM), EtherAir(TM), QuickAir(TM), QuickAir Partner Program(TM), QuickAir Partner Certification Program(TM), QuickAir Partner Zone(TM), EncryptAir(TM) and Microwave Fiber(TM) 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.
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