DAKAR, Senegal, June 14, 2012 /PRNewswire/ --
Ceragon controls 26% of the global long haul market in Q1 2012, up from 20% in Q4 2011
Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, announced today that it has retained its position as the world's largest long-haul wireless backhaul supplier for the second consecutive quarter. With a 26% share of the world's market, Ceragon has grown its long-haul business considerably from 20% in Q4 2011, building on its position as world leader in this area. This is according to the most recent microwave point-to-point report from Sky Light Research, an independent research firm focusing on wireless last mile WAN technologies.
"Ceragon is committed to making broadband more accessible for all, and to helping populations to bridge the digital divide," said Ira Palti, President & CEO of Ceragon Networks. "Africa is a key market for our long haul solutions, and we want to take this opportunity to thank our customers for continuing to partner with Ceragon as they build out their wireless networks."
"In many regions around the world, and Africa in particular, national telecom backbone networks rely on high-capacity long-haul microwave links," said Emmy Johnson, Principal Analyst and Founder of Sky Light Research. "This makes long-haul backhaul technology a strategic element in both fixed and mobile operators' planning processes, often choosing a vendor based on strategic offerings and benefits rather than just bottom line metrics. The emergence of Ceragon as a leading long haul wireless backhaul supplier demonstrates how Ceragon's specialist approach combined with its breadth of products is working and winning deals with customers."
Sky Light Research's Microwave Radio Point-to-Point Market Share Report measures commercial unit shipments and manufacturer revenue from direct and indirect sales channels.
Ceragon also announced today that it has opened new offices in Dakar, Senegal. The new offices are a sign of Ceragon's commitment to continuing to play an active part in the development of the telecoms infrastructure in West Africa.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul specialist. We provide innovative, flexible and cost-effective wireless backhaul 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.
Ceragon Networks® is a registered trademark of Ceragon Networks Ltd. in the United States and other countries. Other names mentioned are owned by their respective holders.
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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. Some of the factors that could significantly impact the forward-looking statements in this press release includethe risk of significant expenses in connection with potential contingent tax liability associated with Nera's prior operations or facilities, the risk that the combined Ceragon and Nera business may not perform as expected, and other risks and uncertainties, which 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. Ceragon's public filings are available from the Securities and Exchange Commission's website at http://www.sec.gov or may be obtained on Ceragon's website at http://www.ceragon.com .
Company & Investor Contact:
Yoel Knoll
Ceragon Networks Ltd.
Tel: +1-(201)-853-0228
yoelk@ceragon.com
Media Contact:
Abigail Levy-Gurwitz
Ceragon Networks Ltd.
Tel: +1-(201)-853-0271
abigaill@ceragon.com
Media Contact:
Karen Quatromoni
Rainier Communications
Tel. +1-(508)-475-0025 x150
kquatromoni@rainierco.com
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