PARAMUS, New Jersey, February 21, 2012 /PRNewswire/ --
Ceragon Networks Ltd. (NASDAQ: CRNT), the premier wireless backhaul specialist, today announced that Telefónica has selected Ceragon as one of its global microwave backhaul vendors. The Telefónica Group, a global Tier-1 telecommunications company and one of the world's leading integrated operators, offers communication, information and entertainment solutions in 25 countries, servicing more than 295 million subscribers. Telefónica is initially expected to order systems from Ceragon for Chile, Panama and Venezuela, where the Group services approximately 25 million subscribers.
"Ceragon solutions offer a good fit for our microwave backhaul needs. Their solutions provide more capacity and a high ROI - interesting functionalities as we continue to roll-out higher speed, higher capacity 4G/LTE mobile networks," explained Cayetano Carbajo, Technology Director at the Telefónica Group. "Ceragon's experience and expertise in bringing high-quality networks into service quickly, with a minimum time-to-revenue, was also a key reason we chose the company as a preferred global vendor."
"As the rollout of higher capacity networks intensifies worldwide, global operators such as Telefónica must be able to service new subscribers quickly and efficiently," said Ira Palti, Ceragon's President and CEO. "As the premier wireless backhaul specialist, Ceragon is committed to finding solutions that meet our customers' extreme capacity challenges. The breadth of our company's portfolio of high-capacity microwave solutions, combined with our proven execution and reliability in large deployments, makes Ceragon a natural partner for Tier-1 operators such as Telefónica."The Ceragon solutions selected by Telefónica are based on the field-proven, carrier-grade FibeAir IP-10 family - an unrivaled wireless transport solution optimized for all-IP mobile internet and broadband services. FibeAir IP-10 is a leading wireless microwave solution that integrates advanced networking functionality with innovative high-capacity radio technology, enabling up to 1 Gbps per channel. The solution enables simplified network provisioning and monitoring while reducing the operator's total cost of ownership (TCO), thereby enabling it to meet today's stringent service level agreements (SLAs).
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