PARAMUS, New Jersey, February 13, 2012 /PRNewswire/ --
Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced it has received orders for additional high-capacity microwave systems and services from Tele2 Russia, one of Europe's leading telecommunications companies. Tele2 is Russia's fourth largest mobile operator with over 20 million subscribers. Ceragon is providing high-capacity wireless backhaul to Tele2 in 15 of the 37 regions in Russia covered by the operator.
Since 2010, Tele2 Russia has been deploying new cellular networks throughout Russia. The additional systems from Ceragon will enable Tele2 Russia to serve more subscribers in a wider geographical area, adding more capacity to the regional networks. Ceragon's systems will continue to backhaul voice and data traffic for mobile telephony and broadband Internet access applications throughout the regions.
Tele2 Russia chose Ceragon's wireless backhaul solutions to provide highly reliable mobile and data services to subscribers at affordable prices. Tele2 Russia also chose Ceragon because they wanted an immediately deployable solution for their 2G and 2.5G networks, which could seamlessly transition to a 3G and 4G/LTE network at a later date. Ceragon's solutions, which combine TDM and Ethernet technology, offered a cost-effective and risk-free migration path from legacy systems to an all-IP network."Ceragon's solutions and expertise made it possible for us to get our networks up and running rapidly, enabling us to provide our subscribers with reliable, cost-effective service," said Ritvars Krievs, CTO of Tele2 Russia. "As a result, we were able to monetize the services we offer to customers very quickly, and achieve a positive return on our investments." "Ceragon's high-capacity wireless backhaul solutions were the right choice for Tele2's requirements," said Ira Palti, President and CEO of Ceragon. "The systems enabled Tele2 to add capacity to their networks and provide cost-effective, premium services to new subscribers very quickly. Since Ceragon's solutions can operate in both legacy and 4G networks, Tele2's investments are protected well into the future." Ceragon's wireless backhaul solutions are currently being deployed in Tele2 Russia's regional networks. About Tele2
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV