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Ceragon Receives Over $14 Million in Follow-on Orders From a Tier 1 Latin American Mobile Operator for South Cone Countries
LITTLE FALLS, New Jersey, April 24, 2019 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that a
About this update from Ceragon Networks Ltd.
[{"type":"text","content":"LITTLE FALLS, New Jersey, April 24, 2019 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that a Tier 1 mobile operator in Latin America is taking another step in expanding and densifying its 4G network in multiple countries in Latin America with Ceragon. Ceragon is providing the operator with network design, rollout and optimization services using the company's complete IP-20 Platform portfolio. The operator will leverage Ceragon's millimeter-wave network densification solutions, along with microwave backbone solutions to address substantial increases in capacity demands. So far in 2019, orders placed in support of this project total over $14 million, with over $3.5 million in additional orders from this operator for other projects in Latin America. Ceragon began shipping in Q1 2019 and expects these projects to be completed during 2019. \nIn its largest project in the South Cone countries, the operator leverages Ceragon's IP-20 Platform's multiband solution to deliver multiple Gbps capacity at the highest network availability. This solution combines microwave and millimeter-wave signals to deliver ultra-high 4G capacity at the highest network availability to ensure utmost network performance. It is ideal for network densification as it allows the operator to keep up with growing capacity demands using widely available, lower cost, millimeter-wave spectrum, while achieving high traffic availability rates that are typically achieved by using lower microwave spectrum. Thus, the operator can cost-effectively deliver higher 4G speeds, increase customer loyalty, create opportunities to increase revenue streams and prepare for 5G.\nTo increase its 4G footprint by extending backbone capacity to more rural areas in which fiber is not available, the operator leverages Ceragon's IP-20 microwave backbone solutions. The platform's high capacity, long-reach radios allow the operator to quickly increase capacity across long distant backbone links. The IP-20 Platform's multicore technology embedded in the radios, significantly reduces the total costs of deployment and increases the operator's operational efficiency via the Advanced Space Diversity capability. This unique multicore capability enables the operator to save as much as 25% of required radios, antennas and associated rollout...